- Ichimoku Cloud Signals - Type 3
And the third type of signals that the Ichimoku Cloud generates is the intesection of Senkou Span A and Senkou Span B lines.
Like the previous signal, it is a conditional, confirming signal.
Therefore, we do not recommend opening a trade just because it appears.
If the Senkou Span A line intersects the Senkou Span B bottom up, the asset's value is likely to go up.
If the Senkou Span A line intersects the Senkou Span B top down, you can expect a drop in the asset's value.