GBPAUD 4H
Price to buy to touch the rising trend and position above it. For sale because it is under a downward momentum trend. Let's not forget the continuation difference with the lows that supports the rise. So we wait for a signal of a breakout in the downtrend of the Relative Strength Index (RSI). To buy safely, stop the loss below the bottom that the price formed before penetrating the trend. God Almighty knows best.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.