All charts line up. I was looking for the correct entry. The trade moved fast, so I missed a chunk. My stop was wide because of this.
The priced moved nicely before a slight dip. As news was immient, I tried to protect myself by covering my position, to breakeven.
Trade was stopped out.
After trade analysis
USDCAD went through my initial stop, which would have meant, I could have made a loss if the position was still open. My call to breakeven was correct.
The pair bounced off next support zone, approximately 20pips from my stop area. Currently, it is trading approximately 100pips above my trade entry.
