USDJPY H1: The Chaos Theory Forecast for the European Session at 22.11.2024

22.11.2024 09:16
Técnico
There remains uncertainty regarding USDJPY. The price neither fell below, nor rose above any fractal. In this situation, it is worth refraining from active actions in the market and waiting for new signals to appear. A price raising above the upper or its falling below the lower fractal will help to determine the prevalent direction.
The alligator is active and ready for action, so there is a high probability that in the near future we can see a signal to enter the market.
The Awesome Oscillator indicator has consolidated below 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.
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 155.536
❌ Stop Loss 155.393
✔️ Sell Stop 154.181
❌ Stop Loss 154.534
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.