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CADJPY SELLS BREAKDOWN

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GENERAL 3 STEP PROCESS

- 1. Look at overall market structure ( Higher Highs and Higher Lows or Lower Highs
and Lower Lows. Bearish or Bullish ) - ON 4HR, DAILY, WEEKLY

- 2. Look for supply or Demand zones according to the higher timeframe trend ( So if
the higher timeframe trend is a down trend then you would look for supply zones and
if you are in a bullish market then you would demand zones 4HR, 1HR, 30 MIN

- 3. Look at the lower time frames and look for the lower time frame confirmations ( this
can be in the form of reaction to the 4 Hour order block or it can be order blocks
forming on the lower time frames inside the higher time POI 5MIN 3 MIN 1MIN

Daily - BEARISH POTENTIAL

CADJPY was coming into a daily POI / order block to potentially sell off. The order block
was valid since it had broken all structure to the downside and we could see indecision at
the order block. I therefore believed that the market would sell off nicely after the market
came into our POI.

4h - BEARISH POTENTIAL

CADJPY we could see had a high that had been set by smart money. This high was set in
order to accumulate liquidity above the level it has tested. We then knew that smart money
was going to have to bring the market above that high if they wanted to be able to sell the
market. Once smart money did this they could then open their own sells.

10m BEARISH POTENTIAL

On the 10 minute timeframe you could see very clearly that it was a nice wyckoff distribution
forming at the high that smart money had formed then liquidated. We then we just waiting for
a nice break below that low and a retest of a supply zone on lower time frames

1m - BEARISH

I finally then got the break of structure that I was looking for I was expecting the market to
then break below the lows set by the distribution and then return to a supply zone to take the
market lower

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