Ichimoku Cloud

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What is Ichimoku Cloud? 

The Ichimoku Cloud, or Ichimoku Kinko Hyo, is a comprehensive technical analysis indicator that defines support and resistance, identifies trend direction, gauges momentum, and provides trading signals. 

 

Explanation: 

It consists of five lines and a shaded area (cloud), offering a holistic view of market conditions. 

 

Practical Example of Ichimoku Cloud: 

ONE-SIGNAL uses the Ichimoku Cloud to provide detailed market analysis and signal potential trade opportunities.

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