daily trend on the bullish ..price created an expanding triangle correction which is supported at 50 fibb expectin bullish continuation to complete the right shoulder on the monthly chart
price created an M formation and over extended down to the monthly support expecting deceleration and bullish movement to retest the 0.5 fibb or the 0.618 fibb.price movement expected not to be as choppy due to the clean move down
price made a double bottom its retesting the neck.it retraced to the 50 fibb move....im expectin a revesersal to continue bullish
EURCAD FORMED A CUP PATTERN ...NEXT MOVE IS FORMATION OF THE HANDLE ..RETRACING TO 50 FIBB BEFORE CONTINUING BULLISH
PRICE CREATED A DOUBLE BOTTOM AND BROKE THE NECK IM EXPECTIN PRICE TO RETRACE TO THE 50 -61 FIBB LEVEL BEFORE WE CONTINUE BULLISH
wait for break of support .....wait fr retest to go long