Brent H1: The Chaos Theory Forecast for the American Session on 30.12.2024

30.12.2024 15:46
Técnico
The price has risen above the upper fractal located above the Alligator's mouth on the chart. Due to this signal, we define the phase space as a northern one and can examine the following 3 dimensions of the market.
Alligator lines also have laid in a northerly direction. This is a positive signal. Bill Williams compared this indicator to a compass, which determines the prevalence of the direction of price movement.
The Awesome Oscillator indicator warns of a possible change in the local direction of price movement. This is the Saucer signal. When this signal appears, you can consider opening new positions when the local maximum is updated.
On the Accelerator Oscillator indicator there are several green bars below the zero mark. This is a positive signal for the market. The energy of the northern direction of movement is growing.
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.
Let's summarize. The phase space is determined to be northern after the price has risen above the upper fractal. Signals from other indicators strengthen this signal and prove the prevalence of the upward vector of price movement.
📊 Buy Stop 74.04
❌ Stop Loss 73.42
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.