Introduction / Primer to Ichimoku
can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Chikou Span clears the Price line with style, nudges the Tenkan Sen #W1.
Index reaches for the Kumo #W2.
Senoku Spans A and B converge #W3.
Wrap:
Chikou Span clears the price line #W1, Index all green #W2.
Looking Forward into this Week:
After the bullish Chikou Span Cross, Bulls see resistance at the Kumo #W1.
Holding the the Chikou Span below the Tenkan Sen, important for Bears #W2.
The Senoku Span 'A' crossing above the 'B' is the next Bull ask #W3.
Wrap:
Defending the Kumo is the Bear target #W2.
Keeping the Chikou span above the price line and attacking the Kumo is the Bull task #W2.
