Ichimoku Cloud: The All-in-One Trend Map
Known as Ichimoku Kinko Hyo, this is a comprehensive indicator that defines support and resistance, identifies trend direction, and measures momentum all at once.
🚀 Why it works: The “Cloud” (Kumo) acts as a dynamic support and resistance zone. When the price is above the cloud, the trend is considered bullish. 🛡️ Trading Note: Only look for long setups when the price is above the cloud and the cloud itself is green for the highest probability trades.
Link: Ichimoku Cloud Standard