This is EUR/USD, a 1-month timeframe chart in which I have used the Ichimoku indicator.
It is always said to respect the cloud. You can see TENKAN SEN and KIJU SEN are going ahead on a single path.
It has a slight upward movement. Both the lines are below the cloud, suggesting SELL signal only if the TENKAN SEN had CROSSED KIJU SEN, but be careful when you trade on a single path of TENKAN and KIJU.
It is still a BUY BUY signal.
Here the prices tend to gravitate to the equilibrium.
If Tenken crosses Kiju below the cloud, you can go for SELL SELL SELL!
Note: KIJU does not adjust as much as the regular moving average because it shows “price equilibrium”
It is always said to respect the cloud. You can see TENKAN SEN and KIJU SEN are going ahead on a single path.
It has a slight upward movement. Both the lines are below the cloud, suggesting SELL signal only if the TENKAN SEN had CROSSED KIJU SEN, but be careful when you trade on a single path of TENKAN and KIJU.
It is still a BUY BUY signal.
Here the prices tend to gravitate to the equilibrium.
If Tenken crosses Kiju below the cloud, you can go for SELL SELL SELL!
Note: KIJU does not adjust as much as the regular moving average because it shows “price equilibrium”