Signal XTIUSD Sell — M15 - June 29, 2026 20:40 GMT-4
The XTIUSD (WTI crude oil) on M15 timeframe displays a clear bearish structure, with price consolidating below key support levels after a prolonged uptrend. Recent candles show lower highs and higher lows, indicating weakening bullish momentum. The close at 70.37 marks a significant break below the prior low, confirming a shift in control to sellers. Volume has been declining during this consolidation phase, suggesting reduced buying pressure and potential exhaustion of the uptrend. The formation of a descending triangle pattern between 69.5 and 70.5 provides a technical basis for the sell signal, as the price approaches the lower boundary. The…