USDJPY H1: The Chaos Theory Forecast for the American Session on 17.1.2025

17.01.2025 15:46
Technical
At the moment, the further direction of movement for USDJPY is not defined. The phase space remains undefined. It is worth being patient and waiting for the price to rise above the upper fractal or fall below the lower fractal.
The closed mouth of the Alligator also indicates that the trend movement is expected to begin in the market because the Alligator is sleeping. In this situation, traders should exercise caution and be patient while waiting for a new signal.
The AO indicator is still above the zero mark.
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.
A series of red bars is drawn on the Gator indicator. This signal shows the formation of a correction.
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 155.845
❌ Stop Loss 155.442
✔️ Sell Stop 155.405
❌ Stop Loss 155.399
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.