Binary options ichimoku strategy
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If the price is above the Kumo there is a bullish activity in the market and an up-trend. If the price is below the Kumo there is a bearish activity in the market and a down- trend. Maybe, it will be the beginning of a new trend. In the first blue box the price broke the Kumo and we have an up- trend. In the second blue box the price broke the Kumo senkou B and we have a mini- down trend. Another theory for the Ichimoku is about the Tenkan- Kijun Crossovers. When the tankan the red is above the Kijun the blue we have a bullish market.
On the other hand when Kijun is above Tenkan there is a bearish market. Traders are required to install the Ichimoku Kinko Hyo indicator chart or Ichimoku Cloud and closely monitor the situation. To perform Ichimoku strategy you need to be an experienced trader and to possess a trading account at a regulated broker.
As you probably know, Ichimoku indicator is a set of curves, each of which is a moving average and it is shifted in a certain period of time. Currently, there are several strategies using this indicator. These two lines form the so-called Ichimoku Cloud, being both its upper and lower bound.
It should be noted that these lines are determined as support and resistance levels. Therefore, traders do not need to put any additional markup on the chart. Thus, the essence of binary options Ichimoku Cloud strategy is as follows. Traders need to wait for the price on the chart and closely monitor its behavior. After it goes into the cloud, that is caught between Senkou Span A and Senkou Span B, it breaks one of the faces and comes out.