Alexander Richard560_ Miller#17

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What is Ichimoku Cloud indicator?

The Ichimoku Cloud, or Ichimoku Kinko Hyo, is a comprehensive indicator that provides trend direction, support and resistance, and momentum signals all in one chart. It consists of five lines, including the Tenkan-sen, Kijun-sen, Senkou Span A and B, and the Chikou Span. The “cloud” area represents future support and resistance zones. If price is above the cloud, the market is bullish; if below, it is bearish. Crossovers of Tenkan-sen and Kijun-sen provide trade signals, while cloud thickness shows trend strength. Although complex at first, Ichimoku offers a full picture of market structure and is widely used in forex and stock trading.