GBPUSD H1: The Chaos Theory Forecast for the American Session on 4.12.2024
04.12.2024 15:31
Técnico
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.
Despite the fact that the phase space is defined as northern, the trend of the Alligator lines is horizontal. This does not replace the previous signal, but indicates continued uncertainty in the market because the Alligator is sleeping.
At the same time, the Awesome Oscillator histogram is currently above the zero line.
The latest bars on the AC and AO charts are colored red. This is a signal that the strength and energy of the upward movement have deceleration. This signal does not contradict the prevalence of the upward movement, but indicates the development of a correction.
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 1.26854
❌ Stop Loss 1.26730
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.
Despite the fact that the phase space is defined as northern, the trend of the Alligator lines is horizontal. This does not replace the previous signal, but indicates continued uncertainty in the market because the Alligator is sleeping.
At the same time, the Awesome Oscillator histogram is currently above the zero line.
The latest bars on the AC and AO charts are colored red. This is a signal that the strength and energy of the upward movement have deceleration. This signal does not contradict the prevalence of the upward movement, but indicates the development of a correction.
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 1.26854
❌ Stop Loss 1.26730
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.