Ichi-what cloud? stream had that japanese dude trying to beat One Blood Remix length you ended up learning the language
Above the cloud, bullish, below the cloud, bearish. One of the main indicators I use as well as those black and orange lines.
Ichimoku Cloud Definition and Uses
What Is the Ichimoku Cloud?
The Ichimoku Cloud is a collection of
technical indicators that show
support and resistance levels, as well as
momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
The Ichimoku Cloud was developed by Goichi Hosoda, a Japanese journalist, and published in the late 1960s.1 It provides more data points than the standard
candlestick chart. While it seems complicated at first glance, those familiar with how to read the charts often find it easy to understand with well-defined
trading signals.