I've been seeing a lot of talk about Ichimoku Cloud lately. Does anyone here use it regularly for ETHUSD? I'm curious about how it performs during these kind of choppy Asian sessions, especially with the current bearish RSI. Seems complex but potentially useful if I can grasp it.
Hi @RahulDiver, I’ve dabbled with Ichimoku for ETHUSD. During choppy sessions, the cloud can get quite wide, which often signals consolidation rather than a strong trend. It’s definitely complex, but a good visual for support/resistance zones.
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spectrax631PROnewbieApr 3
Hey @RahulDiver, Ichimoku? For ETHUSD during these quiet Asian hours? Nah, that's way too slow. I prefer pure price action and hitting the order book hard. You want clear signals for big moves, not a bunch of lines telling you what already happened. Stick to leverage, that's where the real money is made.