EURUSD H1: The Chaos Theory Forecast for the American Session on 25.11.2024
25.11.2024 15:31
Technical
An analysis of the first phase of the market begins the review. The price is noted to have risen above the upper fractal on the chart. It determines the direction of the phase as northern. This signal indicates the possible start of an upward movement.
Alligator lines also have laid in a northerly direction. This is a positive signal. Bill Williams compared this indicator to a compass, which determines the prevalence of the direction of price movement.
The Awesome Oscillator indicator warns of a possible change in the local direction of price movement. This is the Saucer signal. When this signal appears, you can consider opening new positions when the local maximum is updated.
The two green bars above the zero line on the AC indicator signal an increase in positive sentiment in the market. The energy of the current market phase is growing.
In general, the signals from the AC and AO indicators show that there is sufficient strength and energy in the market to continue the upward movement.
The color of the histograms of the Gator indicator changes, so this indicator has not formed a clear signal yet.
Let's summarize. The phase space is determined to be northern after the price has risen above the upper fractal. Signals from other indicators strengthen this signal and prove the prevalence of the upward vector of price movement.
📊 Buy Stop 1.05254
❌ Stop Loss 1.04582
After entering the market, Stop Loss is carried along the red line after the closing of each candle. The profit is fixed by moving Stop Loss, or when opposite signals appear on the AO, AC, Gator indicators.
Alligator lines also have laid in a northerly direction. This is a positive signal. Bill Williams compared this indicator to a compass, which determines the prevalence of the direction of price movement.
The Awesome Oscillator indicator warns of a possible change in the local direction of price movement. This is the Saucer signal. When this signal appears, you can consider opening new positions when the local maximum is updated.
The two green bars above the zero line on the AC indicator signal an increase in positive sentiment in the market. The energy of the current market phase is growing.
In general, the signals from the AC and AO indicators show that there is sufficient strength and energy in the market to continue the upward movement.
The color of the histograms of the Gator indicator changes, so this indicator has not formed a clear signal yet.
Let's summarize. The phase space is determined to be northern after the price has risen above the upper fractal. Signals from other indicators strengthen this signal and prove the prevalence of the upward vector of price movement.
📊 Buy Stop 1.05254
❌ Stop Loss 1.04582
After entering the market, Stop Loss is carried along the red line after the closing of each candle. The profit is fixed by moving Stop Loss, or when opposite signals appear on the AO, AC, Gator indicators.