Brent Oil - Ichimoku Weekly Chart Study - Kumo Resistance & Fibonacci Supports 2 - Week 3 of March 2019.

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PAST

Brent, takes Support at the 61.8% Fibonacci projection as marked above.
Bears keep it below the KUMO these past weeks.

Index stops right at the red line (Kijun Sen) at last week's close.

NEXT

Bears see resistance at the Kumo and the Kijun Sen (red line).

Bulls see support at Fibo 61.8% and the rising Blue line (Tenkan Sen). 

WRAP

Bears after holding out below the Kumo, seek a lower low (below $50)

Bulls after weeks of consolidation, seek to get into the Kumo, break above the red line and reach $77.