IDEAL ichimoku trading for long on DJI??
SO, i try to analize the DJI chart using ichimoku and found that:
1. PRICE VS KUMO indicate Long as the price already above the kumo
2. CONVERSITON LINE Cross above BASELINE above the kumo cloud indicating strong bull signal
3. THE CHIKOU SPAN aka LAGGING LINE has crossed above the price coupled with the fact that the lagging line breaktrhough above the kumo cloud indicating strong bullish.
4. And lastly, the fact that the transition cloud is already there since couple days ago confirming us that the changing of trend from bearishto bullish.
What do you think?CMIIW
1. PRICE VS KUMO indicate Long as the price already above the kumo
2. CONVERSITON LINE Cross above BASELINE above the kumo cloud indicating strong bull signal
3. THE CHIKOU SPAN aka LAGGING LINE has crossed above the price coupled with the fact that the lagging line breaktrhough above the kumo cloud indicating strong bullish.
4. And lastly, the fact that the transition cloud is already there since couple days ago confirming us that the changing of trend from bearishto bullish.
What do you think?CMIIW
Trade closed: target reached