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IHSG Review - Ichimoku Cloud
The blue box shows the period when Chiku span (green line) crossed down the price line and then tried to cross back two times (in the blue box & red box) but failed through. The first cross is bearish indicator and the failure of Chiku span to cross back up is even more bearish.
The price line tried to pierce the thin kumo line on late April but also failed, the kumo now is above the price line --> Bearish indicator.
The price line tried to pierce the thin kumo line on late April but also failed, the kumo now is above the price line --> Bearish indicator.
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