Dolar Kanada / Yen Jepun
Singkat

7 Dimension Analysis for CADJPY

471
๐Ÿ•› TOPDOWN Overview
A robust rejection at the daily timeframe, coupled with an H1 Change of Structure (COS), suggests the end of the short-term bullish move.

๐Ÿ˜‡ 7 Dimension Analysis
Time Frame: H4
1๏ธโƒฃ Swing Structure: Initially bullish but rejected at a potent daily Point of Interest (POI)
๐ŸŸข Structure Behavior: Change of Structure (Choch)
๐ŸŸข Swing Move: Impulsive
๐ŸŸข Inducement: Completed
๐ŸŸข Internal Structure: Completely bearish
๐ŸŸข Ext OB: Unmitigated
๐ŸŸข Supply Zone Rejection: Observed
๐ŸŸข Traps: Fakeout at the top and supply area
๐ŸŸข Time Frame Confluence: Daily and H4

2๏ธโƒฃ Pattern
๐ŸŸข CHART PATTERNS: Reversal pattern with a double top and liquidity sweep, indicating a potential reversal
๐ŸŸข CANDLE PATTERNS: Fakeout reversal after a Record Session count, Momentum with strict engulfing at the top, Tweezer pattern with liquidity sweep, Tower Top pattern observed with Climax players presence and follow-up, increasing chances of reversal
๐ŸŸข Gaps and Other Patterns: To be observed at the opening

3๏ธโƒฃ Volume
๐ŸŸข High volume on the fakeout candle and substantial volume at the swing's start and high points

4๏ธโƒฃ Momentum RSI
๐ŸŸข Zone: Sideways
๐ŸŸข Range Shift: Almost shifted from bullish to sideways
๐ŸŸข Divergence: Significant divergence found at the top level and rejection areas

5๏ธโƒฃ Volatility Bollinger Bands
๐ŸŸข Middle band acting as resistance
๐ŸŸข Squeeze breakout and walking on the band awaiting
๐ŸŸข M pattern observed at the top

6๏ธโƒฃ Strength According to ROC
๐ŸŸข Values: CAD 1.12 vs. JPY 2.88

7๏ธโƒฃ Sentiment
โ˜‘๏ธ Trend line breakout awaiting, but on the trigger time frame, it's already done

๐Ÿ’ก Decision: Open a sell position right at the open
๐Ÿš€ Entry: 108.489
โœ‹ Stop Loss: 109.333
๐ŸŽฏ Take Profit: 102.1
2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO
๐Ÿ˜Š Risk to Reward Ratio: 6
๐Ÿ•› Expected Duration: 30 days

SUMMARY:
The analysis indicates a reversal opportunity. The sell position is recommended with an entry at 108.489, stop loss at 109.333, take profit at 102.1, and a risk-to-reward ratio of 6, expecting completion in approximately 30 days.





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