A up trend five waves pattern has completed and now it is in ABCDE retraction wave. "A" wave has completed and B wave also would be completed. Since if entry to short now need to have a very big stop, it is not good to entry now. I predicate a Cypher pattern
would be coming soon. Then I could entry to short EURCAD
again in the Cypher pattern
"C" point. But this is just a very idea situation. The price maybe cannot realize what I expect.