USDJPY- Bill Williams.2020/05/13
Alligator: Price is in the alligator's mouth!
Zone: Grey Zone
Awesome Oscillator (AO): Decreasing
Accelerator (AC): Increasing
Close is Inside the Alligator which means that the market is near to being balanced and the price might move in either direction.
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 ambiguous area, so be patient until the market gives a better reason for going either up or down. This is a dull market: remember that the biggest moves originate from dull markets.
Zone: Grey Zone
Awesome Oscillator (AO): Decreasing
Accelerator (AC): Increasing
Close is Inside the Alligator which means that the market is near to being balanced and the price might move in either direction.
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 ambiguous area, so be patient until the market gives a better reason for going either up or down. This is a dull market: remember that the biggest moves originate from dull markets.
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