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Introduction & Primer to Ichimoku can be read at this link > click.
PAST
Index after breaking out of the range between the Red and Blue lines, makes a 'Higher High' (link)
Brent Oil, stays with the Bulls on the Weekly Time Frame, with a 'Higher High' & 'Higher Low'.
NEXT
Bears, now need to defend the next resistance the Fibonacci 161.8% (of the 2016 low to 2017 high)
Bulls plan to continue to trend above the Tenkan Sen (blue) again.
WRAP
Bears pray for a weekly red candle and life below the blue line.
Bulls seek to trend above the Blue line and reach the next target ($82).
