Brent Oil - Ichimoku Weekly Chart Study - Range Breakout - Last Week of March 2018.

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PAST

Index breaks out of the range between the Red and Blue lines, and nears the Fibonacci 141%.

Brent Oil capitalizes on the 'Higher Low'.

NEXT

Bears, seek to prevent a Higher High and keep Brent below the Fibonacci 141% once again.

Bulls plan to trend above the Tenkan Sen (blue) again.

WRAP

Bears pray for a red candle and resistance at the Fibonacci 141%.

Bulls seek to trend above the Blue line once again.

Nifty (Asia India) - Ichimoku Weekly Study - Lower Low, Kumo Landing & Chikou Span - Start of Week 4 of February 2018

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PAST

Index after breaking Support at Channel Bottom, makes a Lower Low below 10033.

Chikou Span is into the Price line (see left).

Bears force a lower low, after they prevented the 'Pullback' breaking into the channel bottom.

NEX

Bulls need keep it above the Kumo (9777+), and attempt another shot at the (red) Kijun Sen,

Bears hope the Chikou Span gets below the Price line.

WRAP

Bulls seek to get above the Red line, with help from a Chikou Span deflection off the Price line.

Bears, seek to keep up the momentum and get into the Kumo.