BitcoinUpdated BTCUSD Heffæ's Cloud interactions on Daily
Building on last published idea, the Cloud Departure is a clear long signal.
Currently, the price is still path-fitting the daily cloud, and now is finding support on the cloud top.
This would not be cause for concern, however the cloud's color change points to a high probability that the price will "violate" the path-fitting of the cloud, either departing up (no longer path-fitting) OR breaking down through the cloud body.
The 4H cloud has been violated, which is an indication for a downward move:
https://www.tradingview.com/x/jDAa7yED/
The 3H cloud predicted this dip nicely:https://www.tradingview.com/x/PGaRGlIs/
Currently, the price is still path-fitting the daily cloud, and now is finding support on the cloud top.
This would not be cause for concern, however the cloud's color change points to a high probability that the price will "violate" the path-fitting of the cloud, either departing up (no longer path-fitting) OR breaking down through the cloud body.
The 4H cloud has been violated, which is an indication for a downward move:
https://www.tradingview.com/x/jDAa7yED/
The 3H cloud predicted this dip nicely:https://www.tradingview.com/x/PGaRGlIs/
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SNOW_CITY public chat room - Indicator Q&A
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Indicator access information
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Indicator access information
pastebin.com/v8sp6Y3R
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