monthly - overall trend is upwards
Daily - price is trading inside the cloud- red candle closed beneath/ outside the cloud
we are waiting for the lagging span to break out of the cloud
the green kumo indicates that the price is going to be bullish in the future but both the 26 and 9 day moving averages are moving downward
so is the price going to be moving up or down ?
price will most likely consolidate beneath the cloud and then move back up
Daily - price is trading inside the cloud- red candle closed beneath/ outside the cloud
we are waiting for the lagging span to break out of the cloud
the green kumo indicates that the price is going to be bullish in the future but both the 26 and 9 day moving averages are moving downward
so is the price going to be moving up or down ?
price will most likely consolidate beneath the cloud and then move back up