GBPCAD bouncing nicely on 4hr and daily tf, expecting some bullish movement from this pair to around 1.7520 zone
Also looks like the drop could allow for a weekly engulfing candle if the pair continues up as expecting.
Daily Chart View
LONG, i have clearly shown what i see to be going on. Also this pair has broken out on the daily timeframe!
I expect a slow move until we break 0.786, once we break this first target is 0.5 fib level where i see a small amount of pullback to the 0.618 fib level. My overall target would be the -27!
Based off the last two weeks we can see my two entry zones were perfect for longs, coming back at the end of last week to retest, i still see this month as a long for XAUUSD looking at my USDJPY chart it lines up. I see it coming a testing my entry zone one last time within the next day, if that doesn't happy XAUUSD is long for me