Brent H1: The Chaos Theory Forecast for the Asian Session on 14.11.2024

14.11.2024 00:01
Teknikal
The market situation regarding Brent is not defined. The price did not fall below and did not rise above any of the fractals. Therefore, the signals from other indicators should be ignored. During this period of time, it is recommended refraining from active actions and waiting for appearing of the clear signals within the strategy. A raising above the upper or a falling below the lower fractal will help to determine the direction of further movement.
The closed mouth of the Alligator also indicates that the trend movement is expected to begin in the market because the Alligator is sleeping. In this situation, traders should exercise caution and be patient while waiting for a new signal.
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.
At the end of the analytical review, the uncertainty is noted to remain in the market now. Such time periods are of great interest, since a period of consolidation can be followed by a strong trend movement. In order not to miss this moment, it is worth waiting for signals in both directions.
📊 Buy Stop 72.39
❌ Stop Loss 72.01
✔️ Sell Stop 70.61
❌ Stop Loss 71.81
After entering the market, Stop Loss is moved along the red line after the closing of each candle. The profit is fixed by moving Stop Loss, or when impulse weakening signals appear on the AO, AC, Gator indicators.