Brent increased in the yesterday’s session and climbed above the 250% Fibonacci line (descending dotted line), but failed to close above it. Now is trading in the green and tries to climb towards the median line (ML) of the major ascending pitchfork where he may find resistance again. Technically, it should drop sharply as long as is trading below the ML, only a breakout above this dynamic obstacle and above the 57.72 level will announce an increase at least till will reach the 59.50 previous high.
