XAUUSD H1: The Chaos Theory Forecast for the Asian Session on 26.11.2024
26.11.2024 00:16
Técnico
The analysis of the current market situation shows that the phase space is defined as southern. The price has fallen below the lower fractal. This may indicate the beginning of a downward movement. To gain the information about the strength and energy of this movement, let's pay attention to the positions of other indicators on the chart.
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.
It is also worth noting that the last few bars are green on the AC indicator. However, the histogram is below the zero mark. This signal can indicate both: the correction development or a reversal of the movement. Nevertheless, a downward movement remains prevalent as long as the price remains below the Alligator's red line.
The last bars on the AC and AO charts are green. The indicators signal that the strength and energy of the southern impulse are experiencing a deceleration. It can be either a reversal of the local trend or a signal about the development of a correction. However, while the price is below the Alligator indicator, the movement in the southern direction remains prevalent.
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 2615.570
❌ Stop Loss 2681.645
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.
It is also worth noting that the last few bars are green on the AC indicator. However, the histogram is below the zero mark. This signal can indicate both: the correction development or a reversal of the movement. Nevertheless, a downward movement remains prevalent as long as the price remains below the Alligator's red line.
The last bars on the AC and AO charts are green. The indicators signal that the strength and energy of the southern impulse are experiencing a deceleration. It can be either a reversal of the local trend or a signal about the development of a correction. However, while the price is below the Alligator indicator, the movement in the southern direction remains prevalent.
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 2615.570
❌ Stop Loss 2681.645
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.