In this video Vladimir Ribakov of Traders Academy Club presents a day‑trading opportunity on the CAD/JPY pair following Canada’s rate decision on 22 January 2020. He begins with a brief channel introduction, inviting viewers to subscribe, join live trading rooms, and follow a free Telegram channel. Ribakov then conducts a multi‑timeframe technical analysis: on the daily chart he notes a triple‑cycle pattern, strong support area, and slowing rally divergence; on the hourly chart he highlights a false breakout, broken rising trendline, lower lows, and a bearish hidden divergence confirmed by higher timeframes. He emphasizes key indicator signals – MACD crossing into negative territory, RSI falling below 50 with descending highs/lows – indicating a corrective phase that could lead to further downside. Ribakov concludes with a bearish outlook for CAD/JPY, suggesting traders consider pullbacks for short positions, and asks viewers to share their views, like the video, and stay tuned for future opportunities.
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Hey guys, how are you? Vladimir Ribakov here from Traders Academy Club, and this video is a day trading opportunity. Today we are on 22nd of January 2020. So what the market provides us and what is the opportunity of the day? Today on the menu is the CAD/JPY, which is under strong reaction now with the rate decision published in Canada, and I would like to explain this one deeper, why I find it very interesting. But before I dig deeper, uh, if you are watching this channel for the first time, so first of all, welcome to the community. I hope you find it useful and helpful. I would like to invite you to subscribe. Just follow the subscribe button below this video and remember to enable the Notifications as well. I would like to invite you to join my live trading rooms where you would be exposed to all trading opportunities we cover day after day. You can also follow our work in a free Telegram channel where you would get access to daily posts, educational articles, videos, and much more. So let's begin then. Cadian, what do we have? On this one, triple cycle on the daily time frame. Strong area here which is holding, uh, divergence which is slowing down the rallies. For dropping to lower time frame, this is our multi-time frame analysis. We got ourselves here the false breakout on the very top, beautiful divergence on the moving averages. The rising trend line was broken as well, and we start to create the lower lows. On the one-hour chart, we got the trending structure which was confirmed yesterday. We got a retrace and a bearish hidden divergence for a likely trending trend continuation. Of course, ideal is always to see here some two waves or any sort of a range. But a hidden divergence in trending structures such as one that we got is also, of course, useful as long as the higher timeframes don't have anything against. And in our case, they are not just against, they're with us. So not just not against, they are with us. So this is a classical opportunity. Also very important to pay attention to after the divergence MACD Completes the cross to the negative zone. RSI with the descending highs and lows broke the 50 and now holds below that. Also very, very strong sign. So from my point of view, we are now heading towards some corrective phase, and currently it's a high impact, as you can see, after the news. But pullbacks retraces could provide here a beautiful continuation to the downside, and I would say as long as this high holds, the bearish view remains. At least as for now. So my view on the CAD yen is bearish looking for further pullbacks. If you are already involved. Then fantastic, you can free and ride it. So let me know what do you think about it. Are you bullish? Do you think it's all a fake move? Do you think it's the beginning of the move down? How do you find this pair? Share your view and your analysis in the comment section below, and thank you very much in advance. Also, if you find this video and the idea interesting, useful, and helpful, please show your support back. Hit the like button below the video. Your support and your help is very much appreciated. Meanwhile, thank you very much for watching this video. I hope you find this idea interesting. I'll see you in another video when the market delivers us another good opportunity. Also, as I mentioned at the beginning, I invite you to follow me and my team in the Traders Academy Club live trading rooms where you'll be exposed to all the most interesting directions and setups on the market. Thanks for your time, have a wonderful day, and I'll see you soon with other work and other ideas. Bye for now.
