Ichimoku Cloud

The Ichimoku Cloud is a multi-component indicator that plots several moving-average-based lines and a shaded "cloud" (formed between two of them) to show trend direction, momentum, support/resistance, and potential future support/resistance zones all on one chart. Price above the cloud is generally read as bullish, below as bearish, and inside the cloud as a period of consolidation or uncertainty. Ichimoku was designed to be a self-contained system — trend, momentum, and support/resistance in a single view — rather than a single-signal indicator meant to be combined with several others.