Ichimoku Cloud

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Known as the one look equilibrium chart.

The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction.

• The cloud can predict support and resistance levels into future
  
• Crossovers confirm up/down trend
  
• Edges of Cloud can be used as support and resistance levels
  
• Overall Trend Bullish when price is above the cloud
  
• Overall Trend is Bearish when price is blow the cloud
  
• Thickness of cloud indicates volatility
  

Next Indicator is the Tenkan-Sen (Conversion Line)

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