POSSIBLE CADJPY SCENARIO

TECHNICALS:

I EXPECT CADJPY TO DROP
IT CLEARLY HAS TROUBLE TO BREAK THE RESISTANCE @ 82.200
PERFECT SHORT POSITION @ 82.200

I'M ENTERING THIS TRADE 2X ... 1 POSITION WITH A TAKE PROFIT OF 100 PIPS (@ 81.200) - 2ND POSITION IS A SWING TRADE, ONCE OUR TAKE PROFIT 1 IS HIT, I WILL PUT MY SL OF THE 2ND ENTRY RISKFREE AND WILL WAIT FOR THE POSSIBLE TRENDLINE BREAKOUT, IF IT FAILS TO BREAK I WILL CLOSE IT MANUALLY.

PLEASE USE RISKMANAGEMENT!
°THIS IS ONLY AN IDEA, I'M NOT GIVING ADVICE°

FUNDAMENTALS:

FRIDAY 5 FEB 2021 -> UNEMPLOYMENT RATE (CAD)