WTI crude oil, also known as West Texas Intermediate, is a light crude oil used as a benchmark for oil prices worldwide. The XTIUSD pair represents the price of WTI crude oil traded in US dollars. In the H4 timeframe, we observe a significant trend reversal on the charts. The recent candlestick pattern indicates a bullish momentum, with the price bouncing back from the support level of 90. This is accompanied by a surge in trading volume, confirming the strength of the move. The price has broken above the resistance level of 92, setting the stage for further upward momentum.…

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