USDJPY H1: The Chaos Theory Forecast for the European Session at 3.1.2025

03.01.2025 09:31
ปัจจัยทางเทคนิค
The review of the USDJPY chart traditionally begins with the analysis of the first dimension of the market. The price has fallen below the lower fractal. It means the phase space is defined as southern. Accordingly, now other market dimensions can be examined to assess the opportunities for trading positions opening.

The AO indicator is still above the zero mark.
It is also worth noting that the last few bars are green on the AC indicator. However, the histogram is below the zero mark. This signal can indicate both: the correction development or a reversal of the movement. Nevertheless, a downward movement remains prevalent as long as the price remains below the Alligator's red line.
The histogram of the Gator indicator has not formed a clear signal yet. The color of the histograms changes, indicating a change in market phase.
As a result, there is a southern phase space. At the same time, the signals from other indicators indicate the possible development of a correction. This situation should be used to enter the market at better prices.
📊 Sell Stop 157.070
❌ Stop Loss 157.310
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.