ICE Brent crude is growing its four-day winning streak by closing at $86, gaining $1.25.

Friday at a glance: ICE Brent crude rallied $1.25 (1.47%) deep into the session, reaching $86 per barrel.

Brent Crude Oil could be slowing down soon; it is getting close to the resistance line and is now at $87.21, only $1.21 away. Crossing the resistance line could, however, suggest that further gains are ahead. Despite posting gains on Friday, Brent crude slid below its 50 day Simple Moving Average at $83.68 during the last session — an early indicator that a negative trend could be emerging. ICE Brent crude's upper Bollinger Band® is at $87.1, this is a slight indication of a slowdown.

After posting consistent gains as part of its uptrend and being lifted by intraday sentiment, technical factors suggest ICE Brent crude is set for a reversal in the coming days.

Rallies can also be seen in other Energy, Natural Gas went up by 9.08% Friday, and closed at $3. Notably, Crude Oil rose 2.16% Friday and closed at $78.16. Heating Oil increases 1.34% Friday and closed at $2.87.

Having set a significant high of $129.12 11 months ago, Brent crude oil is trading 34.36% lower.