Mr. Itchy Muka preparing for KLSE Shootout session. Muka damn tense!!
Okehhh.... here we go:
1. Visualize Tenkan Sen and Kijun Sen as a cloud by itself = Kumo Sen
2. Span A and Span B as = Kumo Span
3. Chikou Span
4. Price test Tenkan Sen as support.
5. When price is far away from Tenkan (TS) and Kijun (KS), it is not stable and will approach them back ASAP for stability:
6. When TS and KS very close or become 'Sword Sen' = price very stable + trend very strong. When moving away from each other, unstable and weak trend:
7. Horizontally TS and KS as one line or narrow = trend extremely weak. Waiting for one big effin explosion to happen
8. KS Magnetic Power = price candles attracted to flat KS (like some magic trick, huh!)
9. Kumo wide = weak trend. Kumo narrow = strong trend
10. The Kumo Sen and Kumo Span acts as support / resistance for Chikou Span:
11. Chikou Span most probably penetrate the narrow part of Kumo Sen and Kumo Span. Useful for identifying / confirming breakout.
12. Pic below:
1 - Chikou between Kumo Sen and Kumo Span
2 - Chikou supported by Kumo Span and penetrate Kumo Span at narrowest site
3 - Kumo Sen as one line break above narrowest Kumo Span
4 - All 5 line move in one direction at same time
FRIGGIN MAGICAL PATTERN FOR A CONFIRMED BREAKOUT!!
13. Some relationships:
14. Sometime Chikou penetrates thick Kumos = strong trend overcoming strong resistance
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