"Cumulus Triangles" are new Bitcoin chart patterns developed exclusively by The Crypto Weather Channel to help identify the trading range of bitcoin between the start of the first Bull market and the Halving. Have no idea where Bitcoin is going next? We've got you covered, all the way up until the Halving event! Thanks for watching.
We are leaning to a bearish DAX due to it Being under the Stratus Cloud Formation Making a lower high at the top of the Trendline (Black) Bearish Future Cloud (Kumo Bear Twist completed) However we see two scenarios that could play out and will wait for confirmation of break of either Trendline (Blue or Black) on the Daily time frame.
We are already long on USDCAD on break above the Blue Trendline Wait for price to breakout of the Cloud Cumulus Formation for true bullish confirmation Future Stratus Cloud is bullish, and turned up to the upside Trail Stop, if entry is triggered by the Kijun-Sen Our max stop is below previous Fractal Low Profit Target #1 is the price touch of the...
So this is a update to our post from yesterday on EURJPY. We had a neutral stance on it because it was planted in a wedge just below the top of the Cumulus Cloud Formation. We have now taken a long on its break of the Cloud + Lagging line above the cloud & price. It didn't break with much momentum however has upside targets of 140.862 Our stops are following the...
CAUTION: Must break Cumulus Cloud Formation Previous support from February 2015 Consistently Higher lows Break of Lagging line out of price validates long entry Price Target of 1.14700 Not currently long, waiting for confirmation of Lagging Line to break price and price to break the Cumulus Cloud formation. Visit: www.currencyclouds.weebly.com...
EURJPY in Cumulus Cloud Formation Lots of Ranged Movement + Weak Price Action Double Top Pattern weak (short neckline) If price breaks the Cumulus Cloud lower 133.10 is first responder Long term downside support at 127.057 Long time upside at 150.00 (2014 High) Our overall view is Neutral. Wait until clear break of this Cumulus + Lagging Line...