USDJPY H1: The Chaos Theory Forecast for the Asian Session on 23.1.2025

23.01.2025 00:16
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.
At the same time, the Awesome Oscillator histogram is currently above the zero line.
The red bars located above the zero mark on the Accelerator Oscillator indicator show a decrease in the energy of the upward movement. However, as long as the price remains above the Alligator’s red line, the price growth is expected.
The color of the histograms of the Gator indicator changes, so this indicator has not formed a clear signal yet.
Several red columns have been formed on the Gator indicator. This is a signal that may indicate the development of a corrective movement in the near future.
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 156.705
❌ Stop Loss 155.814
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.