
In the world of trading, technical analysis plays a crucial role in guiding traders towards making informed decisions. Among the many tools available, the Ichimoku Cloud stands out for its ability to offer comprehensive insights into market trends. Originally created by Goichi Hosoda in the 1960s, this system provides traders with a multi-dimensional view of the market, focusing on trend direction, momentum, and potential reversals. By understanding and applying this tool, traders can increase their ability to predict market behaviour and make more confident trading decisions. In this article, we will explore how the Ichimoku Cloud works, how it can be used to identify trends, and how to apply it to real-world trading.
Understanding the “Cloud” (Kumo)
One of the most unique and powerful features of the Ichimoku system is the “Cloud” (Kumo). The Cloud consists of the two Senkou … Read the rest






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