USDJPY-Bill Williams
Close is above the Alligator which means we are only interested in a long position.
The AO is Decreasing (Red AO bar) which means that the momentum is downward.
The AC is Decreasing (Red AC bar) which means that the downward momentum is accelerating. With both the AO and AC decreasing the Price Bar should also be Red.
This is an area where whiplashes can occur and we would wait until the close is at least below the Red Line on the Price Chart (the Alligator's Teeth) before looking for a Fractal sell signal.
The AO is Decreasing (Red AO bar) which means that the momentum is downward.
The AC is Decreasing (Red AC bar) which means that the downward momentum is accelerating. With both the AO and AC decreasing the Price Bar should also be Red.
This is an area where whiplashes can occur and we would wait until the close is at least below the Red Line on the Price Chart (the Alligator's Teeth) before looking for a Fractal sell signal.
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