USDJPY H1: The Chaos Theory Forecast for the Asian Session on 18.12.2024
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 green bars located above the zero mark on the Accelerator Oscillator indicator show a decrease in the energy of the downward impulse. However, as long as the price remains below the Alligator’s red line, the price decrease is expected.
The color of the histograms of the Gator indicator changes, so this indicator has not formed a clear signal yet.
As an epilogue to the analysis, the southern direction of price movement is noted to be considered as a priority. At the same time, the indicators contain signals about the possible development of a correction, which should be used to search for entry points at more beneficial prices.
📊 Sell Stop 153.157
❌ Stop Loss 153.788
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.