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🟥 CADJPY 4H Short Setup (Smart Money Strategy)
I'm currently short on CADJPY from 105.039 after price tapped into a refined supply zone and rejected aggressively, aligning with Smart Money Concepts (SMC) structure.
📉 Entry: 105.039
🎯 Target: 103.258
🛡️ Stop Loss: 105.642
⚖️ Risk-Reward: ~1:2.9 — decent asymmetric opportunity
This trade follows a recent Break of Structure (BOS) and a return to a premium supply area. The market showed signs of distribution before entry, increasing the probability of continuation downward.
🔔 Note: Smart entries rely on refined zones, not impulsive moves. Wait for confirmation, and let the market come to you.
⚠️ Disclaimer: Shared for educational purposes only. Always perform your own analysis and manage risk appropriately.
🟥 CADJPY 4H Short Setup (Smart Money Strategy)
I'm currently short on CADJPY from 105.039 after price tapped into a refined supply zone and rejected aggressively, aligning with Smart Money Concepts (SMC) structure.
📉 Entry: 105.039
🎯 Target: 103.258
🛡️ Stop Loss: 105.642
⚖️ Risk-Reward: ~1:2.9 — decent asymmetric opportunity
This trade follows a recent Break of Structure (BOS) and a return to a premium supply area. The market showed signs of distribution before entry, increasing the probability of continuation downward.
🔔 Note: Smart entries rely on refined zones, not impulsive moves. Wait for confirmation, and let the market come to you.
⚠️ Disclaimer: Shared for educational purposes only. Always perform your own analysis and manage risk appropriately.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.