USDCAD H1: The Chaos Theory Forecast for the European Session at 12.3.2025

12.03.2025 09:31
Technical
The analysis of the USDCAD graph shows that the phase space is undefined. The price is between two fractals that can be used to determine the state of the market. According to Bill Williams' Chaos Theory, attention should be paid only to fractals that are outside the Alligator's mouth boundaries. Therefore, to determine the further prevalent direction of price movement, it is worth waiting for the price to cross the fractal.
Despite the uncertainty of phase space and the impossibility of making further trading decisions at the moment, the Alligator's mouth remains open, indicating the continuation of the current direction of movement.
The AO indicator is still above the zero mark.
A series of green bars is drawn in the Gator indicator. This shows the Alligator's gluttony. The Hungry Alligator period is the time when a trend movement develops in the market.
At the end of the analytical review, the uncertainty is noted to remain in the market now. Such time periods are of great interest, since a period of consolidation can be followed by a strong trend movement. In order not to miss this moment, it is worth waiting for signals in both directions.
📊 Buy Stop 1.45203
❌ Stop Loss 1.44249
✔️ Sell Stop 1.43779
❌ Stop Loss 1.44209
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.