thillygoosth

EUR/CAD bearish butterfly

OANDA:EURCAD   Euro / Canadian Dollar
I don't really care a lot about harmonics to be honest with you, but Ecad is rejecting its pitchfork once again. I am in some euro buys, as euro seems to be sitting in the passenger seat right now which makes me think we may be getting some larger structure out of Eur/Usd. I am uploading a weekly outlook on you tube, it was kinda rushed but should be helpful. Since I got back to my desk I am seeing evidence of Cad strength peaking around the corner. I personally will just see where Ecad is at in the morning before I look to start trading it again, but maybe CJ and cadchf actually end up producing some nice buys. I think a sell scalp on Gcad may serve better short term and Ecad can push up more on daily but a drop is coming. It's selling now but I hate Asia session. But Ecad is on my radar once again. It's obviously going up, but the way it is going up makes me anticipate a drop.

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