📈 Disclaimer: This is not investment advice but intended solely for educational purposes. 📉
In this video, Forex Market Analysis, the focus is on CAD/JPY forex pair with a short trade idea based on the H1 chart structure. We’ve identified a complete wave formation on the H1 timeframe, highlighting a key shift in momentum. The previous high at 109.828 was breached briefly but is now trading below it, indicating potential bearish sentiment.
On the M5 chart, Friday’s high (1DH) is acting as a key intraday momentum high failure, which may signal where institutional traders—banks, in particular—could decide about opening or closing positions. These levels often serve as crucial decision points in the market, aligning with professional trading strategies.
Trade Insight: Sellers hold the edge if the price remains below 109.97, confirming our short bias.
👉 For more Forex market analysis, trading insights, tips, and educational content, subscribe to my channel, like this video, and share it with fellow traders.
Happy trading!
#ForexTrading #CADJPYAnalysis #ForexEducation #TradingTips #ShortTrade #WaveStructure #MomentumAnalysis #PriceAction #ForexTechnicalAnalysis #ForexTraders
Intraday Buyers: