GBPCHF - I Have 1 trade in the Selling Wave,Under Extended Price

GBPCHF - I Have 1 trade in the Selling Wave, Under Extended Price

I have 1 trade that follows the Selling Wave. This is a new trade opened after the Starting Trend Point. Then, it can still fail.

The price is Under Extended. There is a Progressive Increase in Volume during the Selling Wave. This will tend to affect the price behavior.

Value at Profit. Volatility Range Scalability. The Selling Wave is approaching the Bottom Edge of the 3rd Volatility Range (MA2).

The price is running throughout a low volume node for now. Soon it will approach a high Volume node from which the increase in exchanges will tend to slow down the price behavior, in opposition to the Thrust.

I entered the market after the latest Trend Pivot.

The GA Trend Rockets Script highlights 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.