USDJPY- Bill Williams.2020/05/14

14 May 2020

Alligator: Price is ABOVE the alligator
Zone: Grey Zone
Awesome Oscillator (AO): Decreasing
Accelerator (AC): Increasing

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 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 long consider protecting your profits. If not in the market, be ready to buy lightly which must be confirmed by the AO turning Green (increasing).

http://fxorbital.com/