USDCAD: Stopped Out Earlier But Still Looking Long

This morning I got triggered & stopped out of a long entry in a matter of seconds thanks to some beyond positive Retail Sales news for the Canadian Dollar. Price has now retraced lower & nothing has changed much with my overall analysis for this pair.

I still have my eyes glued to this pair for another potential buying opportunity and I won't let the 18 pip loss earlier today scare me away. After all, if you're going to lose, lose small that way it doesn't hurt you psychologically or monetarily.

If we can get a retest of structure with a hold, that will allow me to put myself in another position that offers a great potential reward with very minimal risk.

Akil