Brent attempting to climb back into the triangle

Brent Crude attempting to climb back into the triangle area after breaking below the supportive trendline, which happened on two separate occasions back in December. Currently, the commodity is trading at around $78.69 a barrel. At the time of writing the price is within the area, and the resistance sits along the descending trendline reading $80.40. Even if Brent does not test the resistance in today’s session, a positive close could lead to an attempt before the weekend arrives. A break above the descending trendline would require the bulls to overcome $81.44 before any other targets are outlined. A move back below the support of $78.13 would suggest that perhaps the selling pressure is too overpowering. This may then see Brent head back towards the $72-$73 range. Over to the technical indicators, the MACD is flat (neutral) and so is the RSI as it reads 50.