Senko Span B (SSB) This is the sixth thread from the Ichimoku series. Here I will cover SSB. 🧵👇
1/6 Basics ➡️Meaning: Long term support/resistance. On an uptrend, bottom of the cloud and on a downtrend, top of the cloud. SSB is considered the ultimate support/resistance in the Ichimoku system. Once the price closes below it we can't talk about an uptrend anymore - and
2/6 🎢 Slope: Being the longest S/R level SSB is the slowest and hardest line to move. 📈📉On an trend it's fine for it to be flat if SSA and KS are trending. 📈If it moves in the direction of the trend, it's a strong sign the long term trend is active. 📉If it moves against
3/6 Strength From an absolute point of view, SSB is the strongest support/resistance. Stronger than Kijun Sen, as it is based on a longer period. But on the other side, as part of the kumo (cloud), it's strength depends also on the thickness of the kumo. As mentioned in the
4/6 🚦 Signals: Kumo twist with SSA 🐂 When SSA crosses above SSB, this is called a bullish kumo twist. It means that there is a bullish shift in the long term trend. 🐼 When SSA crosses below SSB, this is called a bearish kumo twist. It means that there is a bearish shift
5/6 Previous lessons 1. The Ichimoku TA system https://x.com/drpastet/status/... 2. Tenkan Sen https://x.com/drpastet/status/... 3. Kijun Sen https://x.com/drpastet/status/... 4. Real and fake TK crosses https://x.com/drpastet/status/... 5. Senko Span A https://x.com/drpastet/status/... https://x.com/drpastet/status/...
6/6 If you found this thread useful it could be great to like and share the original tweet at the top. I don't sell anything, I just share my knowledge for free. I don't have a lot of followers so if you think this knowledge is worth it you can help it reach more people.
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