This is a series about the way to handle Ichimoku.
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Tenkan...Blue Line, average of highest and lowest past 9 candles (Blue Area)
Kijun...Red Line, the average of highest and lowest past 26 candles (Red Area)
Senko1...Purple Line, the average of Tenkan and Kijun 26 candles ago
Senko2...Yellow Line, the average of highest and lowest past 52 candles 26 candles ago (Yellow Area)
Chikou...Green Line, the close in 26 candles
Cloud means the range between Senko1 and Senko2.
*All span includes the current candle
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Cloud's twist means Senko1 crosses Senko2.
In other words, the average of a long span crosses the average of middle span.
In this chart, from 09 AUG till 14 AUG the price gets lower, so Tenkan and Kijun also gets lower.
That's why from 04 Sep Senko1 gets lower. See Pink Circle.
Compared to Senko1, Senko2 hardly changes, because the lowest in June remains.
Senko1 goes down and Senko2 doesn't change, so the cloud twists.
The cloud gets dark. Judging from only the twist, it implies bear.
But Senko2 is flat. It means it will be sideways moving around Senko2.
Cloud's twist doesn't always imply turning the tide.
Ichimoku is simple, but we need to consider in a comprehensive way. Take care.
____________________
Tenkan...Blue Line, average of highest and lowest past 9 candles (Blue Area)
Kijun...Red Line, the average of highest and lowest past 26 candles (Red Area)
Senko1...Purple Line, the average of Tenkan and Kijun 26 candles ago
Senko2...Yellow Line, the average of highest and lowest past 52 candles 26 candles ago (Yellow Area)
Chikou...Green Line, the close in 26 candles
Cloud means the range between Senko1 and Senko2.
*All span includes the current candle
____________________
Cloud's twist means Senko1 crosses Senko2.
In other words, the average of a long span crosses the average of middle span.
In this chart, from 09 AUG till 14 AUG the price gets lower, so Tenkan and Kijun also gets lower.
That's why from 04 Sep Senko1 gets lower. See Pink Circle.
Compared to Senko1, Senko2 hardly changes, because the lowest in June remains.
Senko1 goes down and Senko2 doesn't change, so the cloud twists.
The cloud gets dark. Judging from only the twist, it implies bear.
But Senko2 is flat. It means it will be sideways moving around Senko2.
Cloud's twist doesn't always imply turning the tide.
Ichimoku is simple, but we need to consider in a comprehensive way. Take care.