CJ last minute 1:18 4H short call

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

Comment:

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

Comment:

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.

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.