🔢✔Lines: The Leading Span A and Leading Span B creating the cloud. The Leading Span A is the average of the Conversion Line and the Base Line. ✔Trend identifying: The trend is up when prices are above the cloud, The trend is down when prices are below the cloud. No trend when prices are in the cloud. The uptrend is strengthened when we have a green cloud. The downtrend gets more powerful when we have a red cloud. ✔Signals: The Conversion Line and the Base Line are used to identifying signals. Bullish signals are preferred when the bigger trend is up. Bearish signals are preferred when the bigger trend is down. This is the essence of trading in the direction of the bigger trend. Dismiss the signals that are counter to the existing trend. ✔Resistance and support: The entire cloud is shifted forward 26 days. This indicates future support or resistance.
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Good on you mate!
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