Alligator: Price is BELOW the alligator
Zone: Grey Zone
Awesome Oscillator (AO): Decreasing
Accelerator (AC): Increasing
Close is below the Alligator which means that we would only look for a signal to sell.
The AO is Decreasing (Red AO bar) which means that the momentum is downward.
The AC is Increasing (Green AC bar) which means that the downward momentum is slowing. Since the AO is Red and the AC is Green, the Price Bar should be Gray or Black.
This is an area to be cautious. If you are short, consider protecting your profits. If not in the market, be ready to sell lightly which must be confirmed by the AO turning Red (Decreasing).
http://fxorbital.com/
Zone: Grey Zone
Awesome Oscillator (AO): Decreasing
Accelerator (AC): Increasing
Close is below the Alligator which means that we would only look for a signal to sell.
The AO is Decreasing (Red AO bar) which means that the momentum is downward.
The AC is Increasing (Green AC bar) which means that the downward momentum is slowing. Since the AO is Red and the AC is Green, the Price Bar should be Gray or Black.
This is an area to be cautious. If you are short, consider protecting your profits. If not in the market, be ready to sell lightly which must be confirmed by the AO turning Red (Decreasing).
http://fxorbital.com/