To identify potential trends with ichimoku you need to look at 5 lines:
-Tenkan sen:Tenkan sen is higher than kijun sen in an uptrend and vice versa
-Kijun sen :Kijun sen is higher than kumo clouds in an uptrend and vice versa, if the price is lower than kijun sen, the market is no longer a potential trend.
-Kumo:The kumo shape is very important, it shows the long term momentum of the market, if the kumo is thin and small then the trend is easy to retrace, if the kumo is wide and long it is a stable trend.
-Chiko span:It is one of the most important lines but everyone ignores it, it shows the current momentum of the market, if the chiko span crosses with the candle then the market is in range because the momentum is at zero.
Example with Xauusd:
-Chiko span on candle
-Price above kijun sen
-Kumo is wide and thick
->So now Xauusd is trending up potential !
-Tenkan sen:Tenkan sen is higher than kijun sen in an uptrend and vice versa
-Kijun sen :Kijun sen is higher than kumo clouds in an uptrend and vice versa, if the price is lower than kijun sen, the market is no longer a potential trend.
-Kumo:The kumo shape is very important, it shows the long term momentum of the market, if the kumo is thin and small then the trend is easy to retrace, if the kumo is wide and long it is a stable trend.
-Chiko span:It is one of the most important lines but everyone ignores it, it shows the current momentum of the market, if the chiko span crosses with the candle then the market is in range because the momentum is at zero.
Example with Xauusd:
-Chiko span on candle
-Price above kijun sen
-Kumo is wide and thick
->So now Xauusd is trending up potential !