EURUSD H1: The Chaos Theory Forecast for the European Session at 21.11.2024
21.11.2024 09:16
Teknikal
The analysis of the EURUSD graph shows that the phase space is undefined. The price is between two fractals that can be used to determine the state of the market. According to Bill Williams' Chaos Theory, attention should be paid only to fractals that are outside the Alligator's mouth boundaries. Therefore, to determine the further prevalent direction of price movement, it is worth waiting for the price to cross the fractal.
The alligator is active and ready for action, so there is a high probability that in the near future we can see a signal to enter the market.
The Awesome Oscillator indicator has consolidated below the zero mark.
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 1.05545
❌ Stop Loss 1.05461
✔️ Sell Stop 1.05349
❌ Stop Loss 1.05522
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.
The alligator is active and ready for action, so there is a high probability that in the near future we can see a signal to enter the market.
The Awesome Oscillator indicator has consolidated below the zero mark.
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 1.05545
❌ Stop Loss 1.05461
✔️ Sell Stop 1.05349
❌ Stop Loss 1.05522
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.