Looking at the 1Day, the price is starting to path-fir the underside of the cloud. I mentioned this possibility in a prior idea, with this chart:

which is looking like what may happen. I was able to see this pattern developing thanks to Heffae Clouds@!
If we do close above the daily cloud bottom and test this path as support, then "Lift Off!!" - target @7190. We have some resistance to contend with along the way and it just feels like the price is more likely to get rejected, however this "feeling" may be an awesome counter-trade indicator!
If we continue up the underside, without breaking through this path.... the price is just building tension along this major resistance and it will snap back down hard at some other resistance that most likely will not be visible with the clouds. There will be traps and stop-hunts along the way, trade with caution!
The 6Hour and 4Hour paths show granular support and resistance levels that we can expect going forward. If the SnR levels get violated by opens / closes above / below, you can expect a trend change. - this is the basic form of TA with heffae clouds.
which is looking like what may happen. I was able to see this pattern developing thanks to Heffae Clouds@!
If we do close above the daily cloud bottom and test this path as support, then "Lift Off!!" - target @7190. We have some resistance to contend with along the way and it just feels like the price is more likely to get rejected, however this "feeling" may be an awesome counter-trade indicator!
If we continue up the underside, without breaking through this path.... the price is just building tension along this major resistance and it will snap back down hard at some other resistance that most likely will not be visible with the clouds. There will be traps and stop-hunts along the way, trade with caution!
The 6Hour and 4Hour paths show granular support and resistance levels that we can expect going forward. If the SnR levels get violated by opens / closes above / below, you can expect a trend change. - this is the basic form of TA with heffae clouds.
Not
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
SNOW_CITY public chat room - Indicator Q&A
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
tradingview.com/chat/
Indicator access information
pastebin.com/v8sp6Y3R
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.