HTF trend is bearish, LTF PA bearish, looking for a scale in position to continue with the downside supported with market sentiment being risk-on for the day potentially supporting the CAD strength.
Trade active:
Triggered 15 mins prior to NYSE open. PA retesting Asia session range.
Trade closed: stop reached:
NYSE Open pumped USD strength across the board.
Comment:
USD Strength at NYSE open was a clear liquidity grab. Looks like the trade idea will play out after all.