Brent Crude Update: Bull Flag Targets $152Brent Crude FuturesICEEUR_DLY:BRN1!aibekGulf Conflict puts high volatility on oil market as triangle posted earlier was broken down to transform into another consolidation pattern - Bull Flag Flag pole is in blue and the Flag is in yellow The price is testing the resistance already Watch breakout Confirmation level sits at the top of previous high at $112 RSI supports the upcoming rally as it keeps above 50 level of "waterline" Invalidation is below the valley of the pattern at $86 Target is measured by adding the flag pole to the breakout point It is located at $152