WTI crude oil, also known as West Texas Intermediate, is a type of crude oil used as a benchmark for oil prices globally. The XTIUSD pair represents the price of WTI crude oil in US dollars. The H4 chart of XTIUSD shows a strong bullish momentum, with the price breaking above the resistance level at around 100. This move is accompanied by increasing volume, indicating a high level of participation from market players. The price has also formed a higher low pattern, suggesting a potential reversal of the downtrend. Looking ahead, the current setup suggests that the price may continue…

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