This week I am looking for a long opportunity on GBPCAD. We can see that on the 4 hr chart, the price action is over extended to the downside, and a pullback/correction is needed. We can wait for a bullish flag or higher low on intraday chart to confirm the bullish momentum this week.
Thank you for your support and feedback
Joe
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Daily Chart:
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Looking good, +200 pips, always hitting first TP of 3.81%