The Brent rallies and seems determined to reach the $57 per barrel in the upcoming days. Is strongly bullish on the short term and resumes the upside movement as predicted. Price increased even if the United States Crude Oil Inventories were reported at 4.6M in the previous week, much higher versus the 2.8M estimate. The next target will be at the median line (ML) of the major ascending pitchfork, it could be attracted by the confluence area formed between the ML with the 250% Fibonacci line.
