CADJPY BUY TRADE PLAN

JPY** – *June 13, 2025*

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### 📋 Plan Overview Table

| Type | Direction | Confidence | R\:R | Status |
| ----- | --------- | ---------- | ------- | ------------ |
| Trade | Long | 7.5 / 10 | \~2.4:1 | Active Setup |

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### 📈 Market Bias & Type

**Bias**: Bullish
**Type**: Continuation from higher low structure on H1-H4 with strong bullish engulfing recovery from 105.00 zone.

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### 🔰 Confidence Level

**75% Confidence Breakdown**:

* ✅ H4 Bullish Continuation + Market Structure: **25%**
* ✅ H1 Demand Zone Reaction (105.00–105.10): **20%**
* ✅ Bullish Engulfing + Volume Push: **15%**
* ✅ W1 Bias Recovery Attempt: **10%**
* ❌ No H4 Divergence / Overbought RSI: **-5%**

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### 📍 Entry Zones

* **Primary Entry Zone**: 105.60 – 105.75 (current break retest)
* **Secondary Entry Zone**: 105.25 – 105.40 (demand zone + wick support)

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### ❗ SL with Reasoning

* **Stop-Loss**: 104.90
**Reason**: Below recent higher low & key demand rejection (104.95). Structural invalidation of bullish bias.

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### 🎯 TP1/TP2/TP3 Targets

* **TP1**: 106.40
* **TP2**: 106.85
* **TP3**: 107.30 (W1 upper range test)

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### 🧠 Management Strategy

* **Risk**: 1% per entry
* **Scaling**: Add at secondary entry if retest holds with bullish confirmation
* **Breakeven**: At 106.10 (after break of micro-structure)

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### ⚠️ Confirmation Checklist

| Element | Status |
| --------------- | ----------- |
| H1–H4 Engulfing | ✅ Confirmed |
| Key Volumes | ✅ Increased |
| Sessions Tested | ✅ Asia + EU |

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### ⏳ Validity

* **H1**: 12h (until breakout continuation fails)
* **H4**: 48h+ (structure intact above 105.00)

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### ❌ Invalidation Conditions

* Break below 104.90 with momentum
* No bullish rejection from secondary zone
* Daily close below 105.00

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### 🌐 Fundamental & Sentiment Snapshot

* **JPY Weakness Bias**: BoJ dovish tone + low inflation
* **CAD Mixed**: Crude oil neutral, BOC expected to hold rates
* **Net Flow**: JPY underperforms across board – supports long CADJPY

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### 📋 Final Trade Summary

> A **bullish continuation trade** setup on CADJPY backed by H4 market structure and session volume. Re-entry from 105.60 zone with clean SL under structural invalidation at 104.90. Targets 106.40 / 106.85 / 107.30.