Brent H1: The Chaos Theory Forecast for the European Session at 12.12.2024

12.12.2024 09:16
Teknikal
According to Brent, 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.
The Alligator indicator confirms the positive market sentiment. The Alligator's mouth is open. It's hungry. Against this background, the price may continue to rise.
The AO indicator is still above the zero mark.
There is a series of green bars below the zero mark on the AC indicator. A positive signal indicate an increase in energy of the movement in the northern direction.
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.
Let's summarize. The phase space is defined as northern. The same direction of movement is predominantly proved by other indicators. Against this background, intraday it is worth considering the long positions.
📊 Buy Stop 73.57
❌ Stop Loss 72.95
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.