The review begins with the analysis of the first dimension of the market. The price has fallen below the lower fractal, located outside the Alligator’s mouth. Therefore, the phase space is defined as southern. The most probable price change dynamics are a price decrease. To assess the strength and energy of this movement, let’s consider other dimensions of the market, according to the strategy of Bill Williams.
The AO indicator is still above 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 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 a result, there is a southern phase space. At the same time, the signals from other indicators indicate the possible development of a correction. This situation should be used to enter the market at better prices.
📊 Sell Stop 0.82071
❌ Stop Loss 0.82160
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.
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