Nifty (Asia India) - Ichimoku Weekly Study - Triangle breakouts and ATHs - Week 3 of July 2018

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PAST

Index breaks upwards from the exact tip of the Triangle (link) and attempts to make a new ATH (All Time High)
Bears defend the ATH and send index back towards the Supports.

NEXT

Bulls seek a Higher High above the previous High (ATH) - for now seeking support at the Fibonacci 179%.

Bears seek more red and life near the Red and Blue lines.

WRAP

Bulls want to clear the ATH (11703) with a Higher High, after the break out from the Triangle Pattern.

Bears, seek a Double Top and life below the red line (10562) after defending the All Time High.