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
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