Signal XTIUSD Sell — H4 - June 24, 2026 18:14 GMT-4
The H4 chart of XTIUSD (WTI crude oil) displays a clear downtrend with consistent lower closes and increasing selling pressure. Recent candles show a consolidation phase between 70.43 and 76.85, but the last two bars closed below 70.43, breaking key support and confirming the bearish bias. Volume spikes at 75.26 (8308) and 75.08 (8308) indicate strong momentum on the downside, aligning with the sell signal. The current price action suggests a potential continuation of the decline, with the 71.79 level acting as a critical resistance-turned-trap. If price holds below 69.71, it may target the 70.43-69.86 consolidation range's lower end, extending…