Ichimoku analysis of the Renko chart gives a bearish signal. All three conditions are satisfied.
1- There is a red cloud
2- Span legging is under the red cloud
3- A breakdown of the swing pattern has happened
This is a bearish signal.
1- There is a red cloud
2- Span legging is under the red cloud
3- A breakdown of the swing pattern has happened
This is a bearish signal.
Comment:
2- Lagging Span is under the red cloud