Signal XTIUSD Sell — M15 - April 29, 2026 22:53 GMT-4
The recent price action on WTI crude oil (XTIUSD) on the M15 timeframe indicates a bearish trend. After a brief pullback, the price has been declining, with the last candle forming a bearish engulfing pattern. The momentum indicator suggests a decrease in buying pressure, supporting the sell signal. The volume has been increasing, but the recent candles have seen a decrease in buying activity, which is consistent with a bearish trend. The support level at 102.7 is a key target for the sell signal, as it aligns with the previous swing low. The resistance level at 106.13 is a potential…