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29 May 2007

When Alligator wakes up

When Alligator wakes up


On USDCHF 4 hour chart we can see the long sleep of the Alligator (light blue rectangle).

"... the longer it sleeps the hunger it gets..."

Here we can clearly see this in action ;-) More than 20 sessions price has gravitated around 1.2280 level.
We've got two Bearish Divergent Bar signals which seemed (before diving) weak and accidental especially first one.

But the strength pumped during the sleep exploded and if trader has not set its buy stop orders would probably miss at least the first entry.

Last bearish DBar was also signaled by bearish divergent into the Acceleration (up in price while strong down in AC)

"... we take all and each signal after the first fractal break..."

With green are marked all sell order signals on this steep down path.

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