It's going to break soon, but judging by yesterdays rejection, it looks like we could be OK to short again to the bottom of the channel.
It's a nice long tailed and it's quite possible we'll get a 50% retrace entry of the bar.
Price didn't move down at all. This highlights the importance of entering on the break of the pin bar. Had I entered on break of the pin bar, the trade would not have been triggered and would have made no loss.
At the time, I didn't realise that oil prices were going down again, which also causes CAD to lose strength.