Indicators

Ichimoku Cloud Signals - Type 3

And the third type of signals that the Ichimoku Cloud generates is the intesection of Senkou Span A and Senkou Span B lines.

Like the previous signal, it is a conditional, confirming signal.

Therefore, we do not recommend opening a trade just because it appears.

If the Senkou Span A line intersects the Senkou Span B bottom up, the asset's value is likely to go up.

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If the Senkou Span A line intersects the Senkou Span B top down, you can expect a drop in the asset's value.

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