CADJPY 4H Short Setup

📘 Educational Caption for Your Trading Chat
🟥 CADJPY 4H Short Setup (Smart Money Strategy)
I'm currently short on CADJPY from 105.039 after price tapped into a refined supply zone and rejected aggressively, aligning with Smart Money Concepts (SMC) structure.
📉 Entry: 105.039
🎯 Target: 103.258
🛡️ Stop Loss: 105.642
⚖️ Risk-Reward: ~1:2.9 — decent asymmetric opportunity
This trade follows a recent Break of Structure (BOS) and a return to a premium supply area. The market showed signs of distribution before entry, increasing the probability of continuation downward.
🔔 Note: Smart entries rely on refined zones, not impulsive moves. Wait for confirmation, and let the market come to you.
⚠️ Disclaimer: Shared for educational purposes only. Always perform your own analysis and manage risk appropriately.