USDCAD H1: The Chaos Theory Forecast for the American Session on 25.11.2024
25.11.2024 15:46
Técnico
The price has fallen below the lower fractal on the USDCAD chart. This means the phase space is defined as southern. Against this background, the downward movement development is considered as prevalent. To assess the prospects for the development of this movement, let's examine other market dimensions.
At the same time, the AO indicator remains in the negative zone.
The color of the histograms of the Gator indicator changes, so this indicator has not formed a clear signal yet.
Several red columns have been formed on the Gator indicator. This is a signal that may indicate the development of a corrective movement in the near future.
Let's summarize. After the breakdown of the lower fractal, the phase space is defined as southern. The signals from other indicators enhance this signal. In this situation, the short positions should be prioritized.
📊 Sell Stop 1.39367
❌ Stop Loss 1.39595
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.
At the same time, the AO indicator remains in the negative zone.
The color of the histograms of the Gator indicator changes, so this indicator has not formed a clear signal yet.
Several red columns have been formed on the Gator indicator. This is a signal that may indicate the development of a corrective movement in the near future.
Let's summarize. After the breakdown of the lower fractal, the phase space is defined as southern. The signals from other indicators enhance this signal. In this situation, the short positions should be prioritized.
📊 Sell Stop 1.39367
❌ Stop Loss 1.39595
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.