Heffae Clouds -1D Chop Zone, If close > SnR, 6880- 7190 Target

Updated
The cloud shape and color change on the 14th indicate a big move based on the color change and upward turn of cloud shape.

After blowing through cloud bottom, it looks like the Daily cloud paths was fairly invalidated.... However, two things I failed to see when I posted the last idea "Possible Bottom of Daily Cloud Support" are fairly important and mean there is potential for the Daily Cloud to come back as a major price influence:
  • The inter-cloud paths were spread out, not tightly consolidated. This indicates a weak path-fitting and that price is less likely to find support/resistance on these paths.
  • The cloud color was weaker during the candle that dropped through, also indicating a weaker cloud path-fitting.


Currently it looks like the inter-cloud paths are functioning as tight SnR, so there will likely be some consolidation in this area.

The spacing of inter-cloud lines as well as the distance of Real-Time SnR indicate there will be CHOP for a few days, so I would hold off on taking positions until we are closer to the cloud influence prior to the 14th, or when you can start using Real-Time on shorter Time-Frames >>> (8H Real-Time LOW has been VERY STRONG!!!) <<< (be sure to look at prior interactions for trading ideas / rules... two consecutive 8H closes above Real-Time LOW would be a possible long signal)


Now that cloud color has changed to a stronger path-fit and inter-cloud paths are converging (somewhat) I expect to see valid interactions with 1D cloud.

Another possibility is breaking out cloud bottom, but then path-fitting cloud underside on an upwards run: snapshot
Keep a close eye on Real-Time SnR as well as shorter timeframes.
Message me for clarification on anything regarding Heffae Clouds.
* I am marking this idea as "Long" even though my entry depends on the price interaction with cloud paths...*

snapshot
Note
Interesting close-up on the Daily cloud violation.
This is a good view to watch!
snapshot
Note
Idea still valid,
The Level to watch, 1D Heffae Clouds
Note
From the Original post:
"Another possibility is breaking out cloud bottom, but then path-fitting cloud underside on an upwards run"

^^^^^^^^^^^ This is happening now!
Bitcoins Next Move - Multi-Timeframe analysis - Heffae Clouds
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