Tenkan-sen and kijun-sen measure the short term TREND and the short term SUPPORT.
Tenkan-sen following price indicates the trend is strong
Tenkan-sen is FLAT the price is consolidating or not Trending
First observation of the Tenkan-sen is if the line is above or below the Kijun-sen
Tenkan-sen is the highest and lowest price over the past 9 periods divided by 2
It is the first level of support and resistance
Kijun-sen is the highest and lowest price over the past 26 periods divided by 2
It is the second level of support and resistance
Remember: Tenkan-sen and Kijun-sen are not moving averages.
It is arguly to declare:
When Tenkan-sen is above Kijun-sen, it is trending upward (BULLISH)
When Tenkan-sen is below Kijun-sen, it is trending downward (BEARISH)
Tenkan-sen following price indicates the trend is strong
Tenkan-sen is FLAT the price is consolidating or not Trending
First observation of the Tenkan-sen is if the line is above or below the Kijun-sen
Tenkan-sen is the highest and lowest price over the past 9 periods divided by 2
It is the first level of support and resistance
Kijun-sen is the highest and lowest price over the past 26 periods divided by 2
It is the second level of support and resistance
Remember: Tenkan-sen and Kijun-sen are not moving averages.
It is arguly to declare:
When Tenkan-sen is above Kijun-sen, it is trending upward (BULLISH)
When Tenkan-sen is below Kijun-sen, it is trending downward (BEARISH)
