Price has bounced off the resistance and stop hunted the sellers at the normal session before NFP. Price was kept bullish until NFP release. After enough retail buyers trapped. Price went south stop hunting the buyers and showed the wick (trapped the buyers with the wick on the trendline). Thus I am waiting for an entry to short the usdcad. Please use proper money management.
Price went against the projection lost 10pips on the trade.
