Technical Analysis & Cryptocurrencies
How to Trade with Technical Indicators of Ichimoku Cloud
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Krista Shirley
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Scott Y. Maxwell
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Have you ever heard about the technical indicator Ichimoku Cloud? Would you like to find out how to make money with it? Just keep reading to find out more!
The Ichimoku Cloud, also known as Ichimoku Kinko Hyo, is a versatile indicator that defines support and resistance, identifies trend direction, gauges momentum and provides trading signals.
Ichimoku Kinko Hyo translates into “one look equilibrium chart”. With one look, chartists can identify the trend and look for potential signals within that trend. The indicator was developed by journalist Goichi Hosoda and published in his 1969 book.
Even though the Ichimoku Cloud may seem complicated when viewed on the price chart, it's actually a rather straightforward indicator; the concepts are easy-to-understand and the signals are well-defined.
Here it is what you will find inside:
- What are technical analysis and cryptocurrencies
- What is Ichimoku Cloud and how does it work
- Which are the basic concepts of Ichimoku Cloud
- How to trade with this technical indicator
And much more...
The Ichimoku cloud technical analysis indicator produces clear buy and sell signals to chartists. You first need to get past some of the lingo, like Tenkan Sen and Kijun Sen. But once you do, the entry and exit points are clear.
Don't lose time anymore! Scroll the page and press the "Buy Now" button to start as soon as possible!
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