EURCAD, AB=CD within a Bearish Butterfly in Weekly

The AB=CD pattern is perfect.

Even Though Price broke and made a sort of retest of the Fib Fan 61.8 level, i will wait for a better confirmation, because of the proven strongness of the bottom trendline of the previous downtrend channel in H4.

Additionally, there is a Regular Bullish divergence in the making that could be sings of price rejecting from that dinamical level.

My trigger will be the 61.8% Fib Retracement of the H1 last leg, or the retest of the 61.8% FibFan.

Stop Loss (50 pips) will be placed over the 78.6% fib level of the same leg.

Initial Target will be on the 78.6 FibFan level (about the 50% Fib Retracement of the Daily AB=CD Pattern) which give us an excellent R/R Ratio (50/800).