JoelRBishop

Ichimoku Entries With the Trend

Short
JoelRBishop Updated   
KRAKEN:BTCUSD   Bitcoin
When using the Ichimoku indicator, it is usually a good idea to enter a trade in the direction of the trend when you see the Tenkan & Kijun close together and when the Tenkan, Kijun, and Cloud have sharp angulation pointing to the future price of the asset.

You can see in the chart that this was the case previously as the price rose, now it could be the same case as we move down in the opposite direction.

Comment:
Making our way into the 3D Ichimoku cloud now. Bottom of the cloud/support currently about 35k
Comment:
Trade closed, target reached
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