Ichimoku system is composed of FIVE elements and was developed to show only support and resistance.
Chinkou span represents the closing price it also represents past support and resistance levels.
BULLISH Chinkou span is above price
BEARISH Chinkou span is below price
NEUTRAL Chinkou span is in the price
Chinkou span represents the closing price it also represents past support and resistance levels.
BULLISH Chinkou span is above price
BEARISH Chinkou span is below price
NEUTRAL Chinkou span is in the price
