Interpreting Ichimoku Cloud Lines, Analyzing Ichimoku Kinko Hyo Technical Indicator Lines

Interpretation of Ichimoku cloud lines is pretty easy and straight forward. Different colors and shades are given to different line and areas respectively for easy identification and interpretation. Ichimoku cloud indicators give better results if used in long time frames.

Interpreting the Span A and Span B cloud: if the current trading price is above the cloud, then overall-trend is taken as bullish; if below the cloud, the trend is interpreted as bearish. If the trading price is in the cloud, then the marketing shows no trend.
When the trading price is above the cloud the cloud top is the first support level and cloud bottom is the second support level. Similarly when the price is blow the cloud, cloud bottom is the first resistance and cloud top is second resistance.
Interpreting Kijun Sen (ST): if the trading price is above Kijun Sen then market is moving upwards and if the trading price is below Kijun Sen, then market is moving downwards.
Interpreting Tenken Sen (TL): Shows the direction of current trend. If flat then no significant trend.
Crossovers between Kijun and Tenken sen are very important. If Tenken sen cross Kijun from below, then bullish trend; if cross is from above, then bearish trend.
Interpreting Chikou Span (DL): is used to confirm the trend. If the overall trend (Chikou Span) is in the same direction of Kijun-Tenken crossover trend, then the trend is strong, otherwise it is weak.