The expected scenario: The declines still dominate Brent crude trades, as it failed to cover the previous price gap, to break the support levels at $ 31.50, and recorded its lowest levels since February 2016 at $ 30.80, so it remains the last support levels At $ 27.50, which is expected to reach in the short term, especially in light of the presence of the liquidity flow indicator at the 70 levels, which indicates overbought.
Alternative scenario: As long as we have seen a rebound and stability above the resistance levels at $ 36.00, we will witness a positive change in the general trend, with more rises leading to the 40 countries and then the $ 43, and the bearish trend remains The strongest at the moment, until positive signs appear.
Expected direction: neutral
Estimated traffic range: 32 to 29
