EURUSD H1: The Chaos Theory Forecast for the Asian Session on 22.11.2024
22.11.2024 00:16
Técnico
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 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 two red bars are located below the zero line on the AC indicator. This signals an increase in energy of movement in the southern direction.
The AC and AO indicators are in the red zone, which indicates that there are strength and energy to continue the downward movement.
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.
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 1.04619
❌ Stop Loss 1.05346
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 two red bars are located below the zero line on the AC indicator. This signals an increase in energy of movement in the southern direction.
The AC and AO indicators are in the red zone, which indicates that there are strength and energy to continue the downward movement.
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.
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 1.04619
❌ Stop Loss 1.05346
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.