Ichimoku Cloud

Definition

The Ichimoku Kinko Hyo (Ichimoku Cloud) is a comprehensive technical indicator that provides information about support/resistance, trend direction, momentum, and trading signals in a single view. It consists of five lines: Tenkan-sen, Kijun-sen, Senkou Span A, Senkou Span B, and Chikou Span. The cloud (Kumo) between Senkou A and B acts as dynamic support and resistance.