USDCAD H1: The Chaos Theory Forecast for the Asian Session on 22.11.2024
22.11.2024 00:16
Technical
According to USDCAD, the phase space is defined as northern, since the price has risen above the upper fractal. Now we can examine signals from other market dimensions within the framework of Bill Williams' strategy.
At the same time, the AO indicator remains in the negative zone.
The two green bars above the zero line on the AC indicator signal an increase in positive sentiment in the market. The energy of the current market phase is growing.
In general, the signals from the AC and AO indicators show that there is sufficient strength and energy in the market to continue the upward movement.
The color of the histograms of the Gator indicator changes, so this indicator has not formed a clear signal yet.
As a result, there is a northern phase space. At the same time, some indicators indicate the possible development of a pullback movement or the transition of the market to a new phase.
📊 Buy Stop 1.39765
❌ Stop Loss 1.39735
After entering the market, Stop Loss is carried along the red line after the closing of each candle. The profit is fixed by moving Stop Loss, or when opposite signals appear on the AO, AC, Gator indicators.
At the same time, the AO indicator remains in the negative zone.
The two green bars above the zero line on the AC indicator signal an increase in positive sentiment in the market. The energy of the current market phase is growing.
In general, the signals from the AC and AO indicators show that there is sufficient strength and energy in the market to continue the upward movement.
The color of the histograms of the Gator indicator changes, so this indicator has not formed a clear signal yet.
As a result, there is a northern phase space. At the same time, some indicators indicate the possible development of a pullback movement or the transition of the market to a new phase.
📊 Buy Stop 1.39765
❌ Stop Loss 1.39735
After entering the market, Stop Loss is carried along the red line after the closing of each candle. The profit is fixed by moving Stop Loss, or when opposite signals appear on the AO, AC, Gator indicators.