CADJPY SMC Trade (Higher Timeframe: 1H | 15M/5M Entry

70
🔷 1H Structure Overview:
The market is in a bearish structure on the 1-Hour timeframe.

Price is approaching a strong supply zone marked near the previous strong high.

There’s an imbalance (IMB) visible—indicating potential reversal.

🔸 15-Minute POI (Point of Interest):
On the 15-minute chart, price is slowly rising toward the POI.

The POI lies within the 1H supply zone, aligned with Smart Money Concepts (SMC).

This is a high-probability sell setup.

✅ Entry Plan:
Wait for price to tap into the 15M POI (supply zone).

Observe for a CHoCH (Change of Character) or Break of Structure (BOS).

Once confirmed, enter a Sell trade.

Keep your Stop Loss (SL) just above the supply zone.

Set Take Profit (TP) at the previous Weak Low.

🎯 Risk to Reward (RR):
Targeting a 1:10 Risk to Reward trade.

Very attractive due to HTF confluence, liquidity sweep, and supply rejection.

🧠 SMC Logic Used:
HTF Supply + IMB

CHoCH Confirmation

Liquidity Grab Above Strong High

Entry on 15M with Precision

Targeting Weak Low for Continuation

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.