Amazing Trading Signals from Amazing Indicator

There are many TA tools which can be used for different markets and timeframes and give interesting trading opportunities. But there is one of the most universal trend-following indicators like Ichimoku. It's the amazing indicator which can be used with different markets and on different timeframes. This amazing indicator can provide amazing trading signals.

Today, I would like to show you possible trading signals provided by Ichimoku indicator in Apple market. When the price dropped below the cloud, we go the 1st sell signal.
I marked other signals which were based on the breakouts of the local swing lows, but also we could open sell trades based on the reversal signals from Tenkan and Kijun lines. Trading based on both types of signals could give us a huge profit.

When the price moved above the cloud, we got a new trading opportunity but this time for buying. We can use the same tactic for the uptrend, buying based on breakouts above the local swing highs or based on reversal signals from the indicator's lines.



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P.S. If you want to learn how to trade trend reversals, please read details in the post from the related ideas.