AUDCAD - I Have 1 trade in the Buying Wave, Under Extended Price

AUDCAD - I Have 1 trade in the Buying Wave, Under Extended Price

The price is reacting to the Oversold Condition. It is marking a throwback following the progressive increase in volume .

The price is far a way from the middle point of the volatility range. The throwback normalize the under extended price. The price tends to converge the middle point of the Volatility Range returning slowly to the average trend price.

The Thrust has got enough opposition to weaken.

I entered the market after the latest Trend Pivot .

The GA Trend Rockets Script highlight the Starting, Trending, and Ending Points in the Market.

GA - Trend Rockets Script soon available on my Trading View Profile, on invitation Only.

Details on the chart.

Thank you
Girolamo Aloe

Disclaimer
Nobody in Girolamo Aloe websites is a Financial Advisor and nothing herein is intended to be constructed as Financial Advice. Every content is for information and educational purposes only. Trading carries high risk. You should not invest money that you cannot afford to lose. Past performance is not an indication of future results.