I'm looking to short USDCAD today.
After price traded up to a D1 Orderblock, we saw a rejection and a market structure breakdown.
Today price has come back to retest the H1 Orderblock after that big drop yesterday to induce sell stops, price has come up to raid the stop losses of any retail sellers.
Looking for a continuation short from this point
Initial target is seen below for a RR of 1:6.
Let's see how price delivers going into NFP Friday.
Let's see how today plays out.
Sometimes it's not always a smooth ride.