GBPAUD, Bearish Channel with Support Broken, New Lows Expected
Trade Plan 1
Bearish Channel
Channel Top Retest
Weekly support broken
Trading towards channel Bottom
Short Sell at CMP
SL @ 1.9654
Target at channel bottom
Trade Plan 2
Bullish Flag
Bullish Continuation expected on flag breakout
wait for strong breakout
Buy long position
Buy @ breakout
Target 2.0000
Bearish Channel
Channel Top Retest
Weekly support broken
Trading towards channel Bottom
Short Sell at CMP
SL @ 1.9654
Target at channel bottom
Trade Plan 2
Bullish Flag
Bullish Continuation expected on flag breakout
wait for strong breakout
Buy long position
Buy @ breakout
Target 2.0000
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