Brent Oil resumes the upside movement and should approach and hit the median line (ML) of the major ascending pitchfork in the upcoming days. Price ignored the higher Crude Oil Inventories and is almost to reach the $57.00 per ounce. The median line (ML) is acting as a magnet and attracts the price, actually, it could be attracted by the confluence area formed at the intersection between the ML with the 250% Fibonacci line.


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