Ichimoku, Silver, 5 minutes

Ichimoku indicator, Silver (SI), 5-minutes chart. This indicator is made up of 5 components: Tenkan Sen (Conversion Line), Kijun Sen (Base Line), Senkou Span A and Span B that form the Kumo (cloud) and Chikou Span (Lagging Span).

The Ichimoku Indicator is used to generate trading signals, identify trends, and gauge potential support and resistance levels. Traders often look at the interaction between these components to make informed decisions about entering or exiting trades.