Marked all the important levels on the chart. Price broke trough the counter trendline
, the CAD CPI
news release came out negative (means positive for this trade idea). I on the break of the counter trendline
after the trendline
, but now makes a new swing, nice double top
rejection, breaks the lows of the swing with a significant bearish
candle. Stop above the swing, and target just above the 80.318 level as marked on the chart.