GBPUSD H1: The Chaos Theory Forecast for the American Session on 8.11.2024
08.11.2024 15:31
Técnico
At the moment, the further direction of movement for GBPUSD is not defined. The phase space remains undefined. It is worth being patient and waiting for the price to rise above the upper fractal or fall below the lower fractal.
The closed mouth of the Alligator also indicates that the trend movement is expected to begin in the market because the Alligator is sleeping. In this situation, traders should exercise caution and be patient while waiting for a new signal.
The AO indicator is still above the zero mark.
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.
At the end of the analytical review, the uncertainty is noted to remain in the market now. Such time periods are of great interest, since a period of consolidation can be followed by a strong trend movement. In order not to miss this moment, it is worth waiting for signals in both directions.
📊 Buy Stop 1.29760
❌ Stop Loss 1.29689
✔️ Sell Stop 1.29348
❌ Stop Loss 1.29665
After entering the market, Stop Loss is moved along the red line after the closing of each candle. The profit is fixed by moving Stop Loss, or when impulse weakening signals appear on the AO, AC, Gator indicators.
The closed mouth of the Alligator also indicates that the trend movement is expected to begin in the market because the Alligator is sleeping. In this situation, traders should exercise caution and be patient while waiting for a new signal.
The AO indicator is still above the zero mark.
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.
At the end of the analytical review, the uncertainty is noted to remain in the market now. Such time periods are of great interest, since a period of consolidation can be followed by a strong trend movement. In order not to miss this moment, it is worth waiting for signals in both directions.
📊 Buy Stop 1.29760
❌ Stop Loss 1.29689
✔️ Sell Stop 1.29348
❌ Stop Loss 1.29665
After entering the market, Stop Loss is moved along the red line after the closing of each candle. The profit is fixed by moving Stop Loss, or when impulse weakening signals appear on the AO, AC, Gator indicators.