EURUSD H1: The Chaos Theory Forecast for the European Session at 4.12.2024

The market situation regarding EURUSD 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 alligator remains active, indicating a possible continuation of movement in the market.
The color of the histograms of the Gator indicator changes, so this indicator has not formed a clear signal yet.
Let's summarize. The phase space is not defined. Therefore, it is worth ignoring the signals of other indicators for now and waiting for the breakdown of one of the fractals. This is a predictive event that will help determine the market phase and the priority direction of price movement.
📊 Buy Stop 1.05347
❌ Stop Loss 1.05082
✔️ Sell Stop 1.04876
❌ Stop Loss 1.05104
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.