CADJPY pair could provide us with a great sell opportunity if we see it making another leg higher. There is a confluence of two fibonacci expansion cycles. As we know that creates a “magnet” level for the price. Here is the plan to join:

Technical Analysis:

H1 – double fibo expansion confluence, potential divergence

CADJPY SELL IDEA ENTRY:

Wait for price to push higher and enter the 87.10-60 zone. This is where you should start looking for sell entries. A trigger could be completion of bearish divergence, false break or more conservatively, the break of the most recent up trend line that we see being created at the moment.

Targets:

Aim 85.60 as first target and let the other part run with your Stop Loss at break even.

 

Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.

Recent Posts

US Stocks Rise as Traders Shrug Off Maduro Ouster: Markets Wrap

US stocks powered higher on Monday, as demand for technology shares remained strong even while the ouster…

4 days ago

Weekly Summary And Review 19th December 2025

Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of December…

3 weeks ago

Silver Short Term Forecast Update And Follow Up

Hi Traders! Silver short term forecast update and follow up is here. On October 30th,…

3 weeks ago

Forex Market Analysis & Day Trading Opportunity | SP500 | 18 December 2025

Hi Traders! SP500 short term forecast and technical analysis is here. We do our analysis…

3 weeks ago

GBPNZD Short Term Forecast Update And Follow Up

Hi Traders! GBPNZD short term forecast update and follow up is here. On October 22nd,…

3 weeks ago

Forex Market Analysis & Day Trading Opportunity |SILVER| 17 December 2025

Hi Traders! Silver short term forecast and technical analysis is here. We do our analysis…

3 weeks ago