Tenkan-sen and kijun-sen measure the short term TREND and the short term SUPPORT.
Tenkan-sen following price indicates the trend is strong
Tenkan-sen is FLAT the price is consolidating or not Trending
First observation of the Tenkan-sen is if the line is above or below the Kijun-sen
Tenkan-sen is the highest and lowest price over the past 9 periods divided by 2
It is the first level of support and resistance
Kijun-sen is the highest and lowest price over the past 26 periods divided by 2
It is the second level of support and resistance
Remember: Tenkan-sen and Kijun-sen are not moving averages.
It is arguly to declare:
When Tenkan-sen is above Kijun-sen, it is trending upward (BULLISH)
When Tenkan-sen is below Kijun-sen, it is trending downward (BEARISH)
Tenkan-sen following price indicates the trend is strong
Tenkan-sen is FLAT the price is consolidating or not Trending
First observation of the Tenkan-sen is if the line is above or below the Kijun-sen
Tenkan-sen is the highest and lowest price over the past 9 periods divided by 2
It is the first level of support and resistance
Kijun-sen is the highest and lowest price over the past 26 periods divided by 2
It is the second level of support and resistance
Remember: Tenkan-sen and Kijun-sen are not moving averages.
It is arguly to declare:
When Tenkan-sen is above Kijun-sen, it is trending upward (BULLISH)
When Tenkan-sen is below Kijun-sen, it is trending downward (BEARISH)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.