Definition
Ichimoku Kinko Hyo (One Glance Equilibrium Chart) uses five lines to provide a complete picture: Tenkan-sen, Kijun-sen, Senkou Span A & B (forming the cloud), and Chikou Span. Price above the cloud is bullish; below is bearish.
Example
When price breaks above a thick cloud, it's a strong bullish signal. A thin cloud suggests weaker support/resistance. Cloud color change indicates trend shift.
FAQ
What is Ichimoku Cloud?
A comprehensive indicator showing support, resistance, trend, and momentum.
Why is Ichimoku Cloud important?
Ichimoku Cloud helps investors evaluate technical analysis and make more informed decisions.