XAUUSD H1: The Chaos Theory Forecast for the European Session at 22.11.2024
22.11.2024 09:16
Technical
According to XAUUSD, the phase space is defined as northern, since the price has risen above the upper fractal. Now we can examine signals from other market dimensions within the framework of Bill Williams' strategy.
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.
At the same time, the Awesome Oscillator histogram is currently above the zero line.
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 2693.240
❌ Stop Loss 2661.626
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.
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.
At the same time, the Awesome Oscillator histogram is currently above the zero line.
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 2693.240
❌ Stop Loss 2661.626
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.