Ichimoku Tenkan-Kijun Cross: Read the Evidence
Summary
Hollow Point Trading shares a short analysis of the Ichimoku Tenkan-Kijun cross, explaining how the lines represent the midpoints of nine- and 26-period high-low ranges. The video highlights why traders should compare the cross with price and the cloud, since a cross above the cloud has different context from one inside it.
https://youtu.be/_T_LOQ3kjLs
Ichimoku Tenkan Kijun Cross — Read the Evidence #Shorts
The conversion line crosses above the base line. Is that enough? In the standard settings, they are the midpoints of nine and twenty six period high low ranges. Their cross describes changing range midpoints. Compare its location with price and the cloud. A cross above the cloud has different context from one trapped inside it.
Recorded SPY one...
