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.
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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
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Re-entry
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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.
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Final attempt to re-entry here
Trade closed: stop reached
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I stop updating this call. Still looking good though with CAD now devaluing strong atm.