USDJPY H1: The Chaos Theory Forecast for the American Session on 4.12.2024
04.12.2024 15:31
Técnico
According to USDJPY, 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.
The Alligator indicator confirms the positive market sentiment. The Alligator's mouth is open. It's hungry. Against this background, the price may continue to rise.
The AO indicator is still above the zero mark.
On the Accelerator Oscillator indicator, the last bars are colored green and located above the zero line. This is a sign that the market has enough energy to continue the movement in northern direction.
As it is seen, the AC and AO indicators are in the green zone, which indicates that there is enough strength and energy to continue the movement in the northern direction.
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.
Let's summarize. The phase space is defined as northern. The same direction of movement is predominantly proved by other indicators. Against this background, intraday it is worth considering the long positions.
📊 Buy Stop 151.214
❌ Stop Loss 149.511
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.
The Alligator indicator confirms the positive market sentiment. The Alligator's mouth is open. It's hungry. Against this background, the price may continue to rise.
The AO indicator is still above the zero mark.
On the Accelerator Oscillator indicator, the last bars are colored green and located above the zero line. This is a sign that the market has enough energy to continue the movement in northern direction.
As it is seen, the AC and AO indicators are in the green zone, which indicates that there is enough strength and energy to continue the movement in the northern direction.
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.
Let's summarize. The phase space is defined as northern. The same direction of movement is predominantly proved by other indicators. Against this background, intraday it is worth considering the long positions.
📊 Buy Stop 151.214
❌ Stop Loss 149.511
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.