Signal XTIUSD Sell — H1 - June 21, 2026 05:09 GMT-4
The H1 chart of XTIUSD (WTI crude oil) shows a bullish trend with higher highs and higher lows, but recent price action suggests exhaustion. The last three candles have formed a descending triangle pattern between 75.52 and 76.66, with declining volume indicating weakening bullish momentum. The close at 76.44 marks a pivotal point where price has failed to sustain above the prior high of 76.66, triggering a potential reversal. Key resistance at 77.78 has been breached, now acting as support, while the 75.52 level offers critical downside protection. The consolidation phase following a strong uptrend creates a high-probability setup for…