1/8 🫴📈We all know how PA traders like to draw lines on the chart on past candles to get an idea of support and resistance levels. 🔮 Ichimoku, based on its unique ability "to look 26 candles in the future" provides an interesting alternative to this, called "forecast lines".

2/8 Forecast lines are trend lines drawn from a key low or high to SSB or SSA in the future. You can think of a forecast line as a key support/resistance which if hold or not the trend can continue or reverse. 2⃣6⃣Because, as we know SSB and SSA are printed 26 candles in the

3/8 ❓How to draw forecast lines, for example to SSB? 1⃣ Identify a key swing low/high 2⃣ Calculate where was SSB at the point when this low was printed on the chart If you have a paid TradingView subscription you can use the replay function to get to this candle and it will

4/8 2⃣6⃣If you don't have a paid subscription, you must calculate where was SSA/SSB 26 candles in the future from this low/high. ⚠️You can do this with the Date Range tool but you must start counting one candle EARLIER than the key low/high because TradingView counts the

5/8 ❓You may be wondering: what is the utility of a line which we need to go back so deep in the future to see something which has already happened? Please note that in this case I'm showing a relatively old example and need to go that back. But normally you just need to

6/8 📽️This video shows two forecast lines: The first one held and the downtrend continued. The second one didn't hold and the trend reversed. 📈📉Of course also keep in mind that even though in that case a downtrend directly reversed to an uptrend, the market cant not only

7/8 This thread covered Ichimoku's forecast lines. I almost don't use them but they represent part of Ichimoku's Theory and must be kept in mind as a powerful tool which surpasses the potential of traditional trend lines. If you found this thread useful please share it so it

8/8 Previous lessons 1. The Ichimoku TA system https://x.com/DoctorCatX/statu... 2. Tenkan Sen https://x.com/DoctorCatX/statu... 3. Kijun Sen https://x.com/DoctorCatX/statu... 4. Real and fake TK crosses https://x.com/DoctorCatX/statu... 5. SSA https://x.com/DoctorCatX/statu... 6. SSB https://x.com/DoctorCatX/statu... 7. Kumo

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