Signal XTIUSD Sell — H1 - June 21, 2026 02:23 GMT-4
On the H1 chart of XTIUSD (WTI crude oil), the market has been carving a descending channel since the spike to 79.07 on the 2026‑06‑18 session. The last three hours show a clear bearish tilt: the candle at 75.89‑76.61 opened high and closed near the low at 75.21, while volume fell sharply, indicating fading buying pressure. The 76.44 level now acts as a short‑term resistance, aligning with the upper trendline of the channel and the recent swing high. A break below the 75.26‑75.31 cluster would expose the next major support around 74.0, with the 73.7 target lying near the previous…