Joy Bangla

Ichimoku is considered strongly bullish if all of the following conditions are met on a chart.

  • Tenkan is above kijun line
  • Kijun is above green Kumo cloud
  • Price is above tenkan that is above kijun line
  • Chiku is above price
  • There are no big candles immediately in front of Chiku
  • Chiku should be pointing in up direction
  • Tenkan and kijun should be pointing in up direction

Please see the below image for a quick guide on Ichimoku lines (Tenkan, Kijun, Kumo cloud). The below chart is strongly bullish according to Ichimoku.

Ichimoku is usually used on 1day timeframe or 1 week timeframe.