Canadian Dollar / Japanese Yen
Short
Updated

CJ last minute 1:18 4H short call

435
Due to sudden collapse of CAD strength looking at the possibility of a nice risk/reward ration of roughly 1:18 here at least of not more.

Please also check the CAD dilemma chart which is trivial to UJ Seasonality structural pattern on the weekly chart.
Trade active
Note
Oops, that was close. Sorry I was having my 3 hour nap. Now I'm back 3 hours on watch but looking at the market I'll likely stay on util triangle crash confirmed.
Trade closed: stop reached
Trade active
Re-entry
Note
Walks a bit up but I don't expect it to be more than earlier estimated risk from re-entry. Keeping a eye on UJ correlation at the same time.
UJ and CJ correlation
Trade active
Final attempt to re-entry here
Trade closed: stop reached
I stop updating this call. Still looking good though with CAD now devaluing strong atm.

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