By first eyes, KTOS had down with a long strong term until Jan 2016, even the price is down from 1400 in 2000 and the lowest just was at 3.1. So with long term trading, the first image is trading with LONG.
On month chart, Ichimoku is completed with three Yaku Kouten, the future cloud is Youten and month candle is broken with cloud.
Now change into Weekly Candle. There is completed with 7 Waves from A to H. The number is 77 bars, also as you know the basic number is 76 which is called ONE CYCLE (three term unit).
From A to B is 13 bars with half term, B to C is 10 bars, C to D is 8 bars, all near by ONE BASIC UNIT. So A to D is 31 bars with ONE TERM ONE UNIT.
Go on, and D to E is 9 Bars, and price is returned at B point’s level. We know this is S Line. So B-C-D-E is circle with 27 bars in ONE TERM. So by a large wave we will count with A-D-E, Don’t forget in this model A-D is 31 bars, D-E is 9 bars, and A-E is 40 bars.
Continue, E-F is 16 bars, F-G is 4 bars, E-F is so short that could not merge with A-D-E. Then E point is returned on D point’s price level to with a new S’ Line. From D to G is 29 bars near by B-E is 27 bars.
Then from G to H is 20 bars, this is Wave E-F-G-H which model is with E-G = G-H. Also you can find one point which I had not marked, Wave A-D-E-?, if the model with A-D = E-?, you will see this ? point’s price is just at NOW!
Please calculate the target with PRICE PRINCIPLE by your self. We got the result that is WAVE A-D-E-H was completed with TIME and WAVE and PRICE.
Now H to I is clear down. Because G-H is 17 bars, if H-I is eight wave which is continued with WAVE A-D-E-H, so from H to I is: first is 9 bars, second is 17 bars, third is 26 bars from F point. So now is SHORT to 9 price in this three time term numbers. But don’t forget I had said at first this is long term to LONG. Now decided that is SHORT in short term then LONG in long term.
Thank you once again for your time and generosity! I am forever grateful and inspired by your mastery of the ichimoku. You are a true practitioner of this beautiful and graceful system. Simply amazing.
Some does get lost in translation like “three Yaku Kouten” but the picture explains a thousand words.
three gold cross
three gold cross? Do you mean when the 50 day moving average crosses above the 100 day moving average?
There are three Gold Cross called 3 Yaku Kouten(Japanese Word) with Kijyun Line & Tenkan Line, CHikou Line & Candle, Candle & Cloud.
Thank you. I understand now.
I have another question ” so from H to I is: first is 9 bars, second is 17 bars, third is 26 bars from F point.” I understand the 9 and 17 would be from H to I, but why would 26 start from point F and not I?
these numbers(9,17,26) are all from H not F because of the eighth wave.
Where did the chart go in this post?…could you please send it to me if you don’t want it posted here?