GBPAUD Long Positions (2 scenarios)

2019-11-03 14:47:41

Scenario 1: As you can see after the uptrend, price has formed a bullish flag so we could most probably see a continuation towards the upside. We could expect price to rise up towards the 1.92000 area.
Scenario 2: The market could decide that price will not continue its uptrend and will reverse towards the 1.80810 area.
This is my first post hopefully the trade goes through!