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Gold is Golden using the Ichimoku Cloud

Updated: Feb 24, 2023

Not everyone understands the Ichimoku Cloud. Many professionals fail to see the benefits.

In the above chart we can see 3 charts for Gold. There are rules to follow in order to succeed:


  1. Candle finishes above/below the cloud

  2. The cloud is red (sell) or blue (buy) 26 periods ahead

  3. The conversion line is above/below (Blue line vs red)

  4. The lagging Span is below/above the cloud

The Ultimate Trading Course covers in detail the Ichimoku Cloud, how to use it and why it's so successful. Simply contact me info@thetradingmentors.com for more information.


Chris

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