Ichimoku Kumo Breakout

Last Updated: Fri, 19 Apr 2024 17:01:01

Kumo Breakout trading or 'Kumo Trading' is a trading strategy that can be used on multiple time frames.

Kumo breakout trading is the purest form of trend trading offered by the Ichimoku charting system, as it looks solely to the kumo and price's relationship to it for its signals.

It is 'big picture' trading that focuses only on whether price is trading above or below the prevailing kumo.

In a nutshell, the signal to go long in Kumo breakout trading is when price closes above the prevailing kumo.

Contributor: iSaham.

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# Symbol Last Price Tenkan-sen Kijun-sen Senkou Span A Senkou Span B Recent Cross iSaham Score