Traditionally, the review begins with examination of the first market dimension. The price has risen above the upper fractal. This defines the phase space as northern. This signal indicates the possible development of an upward movement. To assess its strength and energy, let’s consider other market dimensions within the framework of Bill Williams’ strategy.
There is a series of the green bars on the AO indicator. The indicator crosses above the zero mark. This signals that there is a strength to continue the movement in the northern direction.
The two green bars above the zero line on the AC indicator signal an increase in positive sentiment in the market. The energy of the current market phase is growing.
In general, the signals from the AC and AO indicators show that there is sufficient strength and energy in the market to continue the upward movement.
The AO, AC and Gator indicators are entrenched in the green zone. It predicts a continuation of movement in the northern direction. The strength and energy of the phase increases. The Alligator’s lines spread out, opening its mouth wider.
The color of the histograms of the Gator indicator changes, so this indicator has not formed a clear signal yet.
As a result, there is a northern phase space. At the same time, some indicators indicate the possible development of a pullback movement or the transition of the market to a new phase.
📊 Buy Stop 352.92
❌ Stop Loss 342.19
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.
