Ichimoku Kinkō Hyō Wave Theory Introduction and Indicator Basics Cheat Sheet.
Note that there are 5 Waves in the Ichimoku Kinkō Hyō System.
1: I Wave
2: V Wave
3: N Wave
4: P Wave
5: Y Wave
I Wave = 1 directional movement in price up or down over a period of time.
V Wave = 2 directional movements in price over a period of time so 1 direction movement up over a...