USDCAD H1: The Chaos Theory Forecast for the Asian Session on 31.1.2025

31.01.2025 00:16
Technical
Traditionally, the review begins with examination of the first market dimension. The price has risen above the upper fractal. This defines the phase space as northern. This signal indicates the possible development of an upward movement. To assess its strength and energy, let's consider other market dimensions within the framework of Bill Williams' strategy.

There is a series of the green bars on the AO indicator. The indicator crosses above the zero mark. This signals that there is a strength to continue the movement in the northern direction.
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.
As a result, there is a northern phase space. At the same time, some indicators indicate the possible development of a pullback movement or the transition of the market to a new phase.
📊 Buy Stop 1.45933
❌ Stop Loss 1.44446
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.