EURUSD H1: The Chaos Theory Forecast for the European Session at 22.11.2024
22.11.2024 09:01
Teknikal
The price has fallen below the lower fractal on the EURUSD chart. This means the phase space is defined as southern. Against this background, the downward movement development is considered as prevalent. To assess the prospects for the development of this movement, let's examine other market dimensions.
The Alligator confirms the signal of the first phase of the market: its mouth is open.
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.
A series of red bars is drawn on the Gator indicator. This signal shows the formation of a correction.
To sum up, the phase space is defined as southern. The same direction of movement is predominantly proved by other indicators. Against this background, intraday it is worth prioritizing short positions.
📊 Sell Stop 1.04612
❌ Stop Loss 1.04928
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.
The Alligator confirms the signal of the first phase of the market: its mouth is open.
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.
A series of red bars is drawn on the Gator indicator. This signal shows the formation of a correction.
To sum up, the phase space is defined as southern. The same direction of movement is predominantly proved by other indicators. Against this background, intraday it is worth prioritizing short positions.
📊 Sell Stop 1.04612
❌ Stop Loss 1.04928
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.