Ichimoku Cloud combines five technical components in one chart. Learn how the Cloud, Tenkan, Kijun, and Chikou Span give multi-component trend confirmation.
Ichimoku Cloud (Ichimoku Kinko Hyo) combines five components into one system: Tenkan-sen (9-period midpoint), Kijun-sen (26-period midpoint), Senkou Span A and B (forming the Cloud / Kumo), and Chikou Span (lagging line). Price above a bullish-colored Cloud, with a Tenkan-Kijun bullish cross, gives three independent confirmations of an uptrend in a single chart.