Kijun-Sen (Base Line)
A line that represents a 26 period midpoint
Next indicator is the Chikou Span (Lagging Span)
- Price above/below Kinjun-Sen (baseline) confirms recent price momentum to the upside or downside.
- Crossing conversion line is short term momentum trade signals
- Tenkan and Kijun cross over multiple times price lacks trend and is choppy
Next indicator is the Chikou Span (Lagging Span)
Note
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