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36 votes
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ADD ICHIMOKU CLOUD TO PRO-TRADER; EXCELLENT TREND INDICATOR W/ VARIOUS SETTINGS, NOT JUST (9,26,52).
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23 votesRichard Liu shared this idea ·
Ichimoku Kinko Hyo (Cloud Charts) provide excellent support and resistances. Stocks tend to find support/resistance at the Cloud. Generally, stocks are in strong uptrend above the Cloud and in strong downtrend below the Cloud.