Signal XTIUSD Sell — H4 - June 5, 2026 02:59 GMT-4
The H4 chart of XTIUSD (WTI crude oil) reflects a clear bearish trend, with price action consolidating below key support levels. Recent candles show lower highs and lower lows, indicating weakening bullish momentum. The last three closes at 90.73, 90.55, and 90.99 suggest a range-bound phase, but the critical breakdown below 90.73 (the entry level) has failed to sustain, signaling potential exhaustion of the uptrend. Volume on the entry candle (2872) is relatively low, which may indicate a lack of buying pressure, aligning with the sell signal. The SL at 93.74 corresponds to a prior high, acting as a psychological…