Ichimoku Buy and Sell Signals are noted on the chart above.
Today marked a buy signal
Ichimoku Rules:
Bullish Signals:
1. Price moves above Cloud (trend) 2. Cloud turns from red to green (ebb-flow within trend) 3. Price Moves above the Base Line (momentum) 4. Conversion Line moves above Base Line (momentum)
Bearish Signals:
1. Price moves below Cloud (trend) 2. Cloud turns from green to red (ebb-flow within trend) 3. Price Moves below Base Line (momentum) 4. Conversion Line moves below Base Line (momentum)