Ichimoku Cloud is a versatile technical analysis indicator rapidly rising in popularity among traders. Also known as Ichimoku Kinko Hyo which translates to ‘one look equilibrium chart’ - this is exactly what Ichimoku strives to be. An ‘all-in-one’ style indicator that incorporates multiple elements from different technical analysis tools. At just a glance traders are able to ascertain future support and resistance, momentum and trend direction.

While the abundance of lines and shaded areas can leave traders new to Ichimoku Cloud confused and even a little intimidated. Once you single out and understand each separate element, mastering Ichimoku Cloud is easier than it looks. We take you through each component of Ichimoku Cloud and the strategies you can use to improve your trading.

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