Thetradingmyopic

KIJU SEN is superior than regular Moving Average

FX:EURUSD   Euro / U.S. Dollar
This is EUR/USD , a 1-month timeframe chart in which I have used the Ichimoku indicator.
It is always said to respect the cloud. You can see TENKAN SEN and KIJU SEN are going ahead on a single path.
It has a slight upward movement. Both the lines are below the cloud, suggesting SELL signal only if the TENKAN SEN had CROSSED KIJU SEN, but be careful when you trade on a single path of TENKAN and KIJU.
It is still a BUY BUY signal.
Here the prices tend to gravitate to the equilibrium.
If Tenken crosses Kiju below the cloud, you can go for SELL SELL SELL!
Note: KIJU does not adjust as much as the regular moving average because it shows “price equilibrium”