GBPUSD H1: The Chaos Theory Forecast for the Asian Session on 25.11.2024

23.11.2024 01:16
Technical
The price has fallen below the lower fractal on the chart. This defines the phase space as southern. Accordingly, the most probable scenario for the price change is its decrease. To assess the prospects for the development of this movement, other market dimensions will be analyzed.
The alligator is active and ready to hunt: its lines laid in a typical for the development of a downward movement order.
At the same time, the AO indicator remains in the negative zone.
The red bars located above the zero line on the Accelerator Oscillator indicator show an increase in energy of the southern phase of the market.
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.
Let's summarize. After the breakdown of the lower fractal, the phase space is defined as southern. The signals from other indicators enhance this signal. In this situation, the short positions should be prioritized.
📊 Sell Stop 1.25068
❌ Stop Loss 1.25581
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.