XAUUSD H1: The Chaos Theory Forecast for the European Session at 3.12.2024

03.12.2024 09:16
ปัจจัยทางเทคนิค
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.

There is a series of the green bars on the AO indicator. The indicator crosses above the zero mark. This signals that there is a strength to continue the movement in the northern direction.
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.
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 2649.960
❌ Stop Loss 2639.649
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.