USDJPY H1: The Chaos Theory Forecast for the American Session on 25.11.2024
25.11.2024 15:46
Technical
The review begins with the analysis of the first dimension of the market. The price has fallen below the lower fractal, located outside the Alligator's mouth. Therefore, the phase space is defined as southern. The most probable price change dynamics are a price decrease. To assess the strength and energy of this movement, let's consider other dimensions of the market, according to the strategy of Bill Williams.
The AO indicator is still above the zero mark.
There are red bars, drawn above the zero line on the AC indicator. This signals an increase in energy for movement to the southern direction.
The histogram of the Gator indicator has not formed a clear signal yet. The color of the histograms changes, indicating a change in market phase.
As an epilogue to the analysis, the southern direction of price movement is noted to be considered as a priority. At the same time, the indicators contain signals about the possible development of a correction, which should be used to search for entry points at more beneficial prices.
📊 Sell Stop 153.546
❌ Stop Loss 154.644
After entering the market, Stop Loss is moved along the red line after closing each candle. The profit is fixed by moving Stop Loss, or when opposite signals appear on the AO, AC, Gator indicators.
The AO indicator is still above the zero mark.
There are red bars, drawn above the zero line on the AC indicator. This signals an increase in energy for movement to the southern direction.
The histogram of the Gator indicator has not formed a clear signal yet. The color of the histograms changes, indicating a change in market phase.
As an epilogue to the analysis, the southern direction of price movement is noted to be considered as a priority. At the same time, the indicators contain signals about the possible development of a correction, which should be used to search for entry points at more beneficial prices.
📊 Sell Stop 153.546
❌ Stop Loss 154.644
After entering the market, Stop Loss is moved along the red line after closing each candle. The profit is fixed by moving Stop Loss, or when opposite signals appear on the AO, AC, Gator indicators.