EURCAD daily time frame I can see it will create a W shape pattern and recover its gaining. On the other hand, we can also check the ABC pattern clearly. I'm expecting a strong Bull run.
While we are in a longer term downtrend, EC seems to have found a shorter term turning point and is looking for a move at least for a limited time. Looking at the 61.8 fib retracement for a TP which coincides with a past strong support level.
