#Trend Analysis

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GBPUSD TRADE ANALYSIS

royalfx

GBPUSD : ANALYSIS, using 14-RSI as a trend confirmation on daily timeframe with RSI above level 50 we could see that it is indeed an uptrend (a buying market trend). our key interest timeframe will be the 4hrs timeframe and on the above chat the red trendline shows that GBPUSD has been moving in an ideal rising wedge formation since October 26th 2023.So here let's take a look at the 2 possible outcomes. First Scenario for a Buy entry: price is currently at the previous support level and already

PRIMEPIPS PRODIGY: FOREX MARKET ANALYSIS WITH RFX

$AUDNZD 4H Analysis 📊 28/01/2024

jayforexhouse

Let's Study and trade the price action of $AUDNZD Which Demand do you think is likely to hold? Understanding the Structure from the higher timeframes. Comment your answer below.

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