ICHIMOKU

Part2. Signals in the Ichimoku system

1. Tenkan Sen

Is the short-term movement of the price, cycle 9.

Trend:

- Increase in price when price is above Tenkan Sen;

- Discount when price is below Tenkan Sen.

2. Kiju Sen

Is the medium-term price movement, cycle 26.

Trend:

- Increase price when price is above Kiju Sen;

- Discount when price is below Kiju Sen.

3. Chikou Span

Shows the price momentum of the previous 26 cycles.

Trend:

- Increase in price if above the previous 26 cycle price;

- Discount if below 26 previous cycles.

4. Senkou Span A and Senkou Span B

They form the Ichimoku clouds.

There are two types of clouds:

- Kumo clouds: clouds above or below the price line;

- Future cloud: is a cloud that predicts 26 periods.

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