The expected scenario: Brent crude begins the trading session today, Thursday, at the levels of 51.50 dollars, which constitute support levels, represented by strong demand areas, which are expected to end the current bearish correction wave, and return to complete The bullish trend over the short term, and targeting the levels of 55 dollars, so it is possible to concentrate at the current levels in short-term buying positions.
Alternative scenario: In the case of Brent crude failing to consolidate above the levels of $ 50, we will witness a negative change in the general trend, with more decreases down to $ 48.90, although the scenario of decline in the current time is not Likely, given the positive shift in the liquidity flow indicator, which indicates purchasing power control at the present time, which supports the positive outlook for Brent crude trading in the short term.
Expected general trend: bullish
Expected traffic range: $ 50 to $ 55
