CADJPY BUY TRADE PLANCanadian Dollar vs Japanese YenICMARKETS:CADJPYjibkhan111PAIR: CADJPY State: Trending Scan Outcome: Buy-Side Focus Map Status: ACTIVE Price State: Near PENDING Decision Pivot: 117.25 — This is the current D1/H4 high-break level. A full H4 body acceptance above it activates continuation; rejection below it keeps the desk waiting for a pullback into value. Pivot Projection: Breakout — 73% Probability Macro Bias: Mild CAD support / JPY weakness. BoC held rates at 2.25%, but the oil shock is supporting Canada’s energy-linked backdrop; WTI is trading sharply higher near the $105–107 area. Macro Alignment: Slightly aligned with CADJPY upside. JPY remains structurally weak after BoJ held rates at 0.75%, with yen shorts rebuilding, but intervention risk near extreme yen weakness caps aggressive chasing. Event Risk: HIGH — BoC has just released/held, FOMC and oil headlines can shift risk sentiment, and Japan intervention headlines remain a live risk. Forex Factory also shows CAD BoC rate statement / overnight rate risk on Apr 29. Buy Zones * 116.55–116.75 (A | 78% | Fresh) — H4 breakout-retest / continuation shelf after the recent base and push into 117.25. Hard SL: 116.20 — Structural Invalidation HTF Target Ladder * TP1: 117.25 * TP2: 117.50 * TP3: 118.00 only after clean H4/D1 acceptance above 117.50 Sell Zones * No elite sell zone printed. Price is at a high-risk ceiling, but the chart has not printed a confirmed H4/D1 reversal structure. Selling here would be prediction, not Desk 1 evidence. Hard SL: N/A Priority * Stronger Side: Buy Side Stronger * Best Zone: 116.55–116.75 Buy Conditional Watch * Track 1: Wait for a pullback into 116.55–116.75 and hold before looking for a buy. * Track 2: If price closes a full H4 body above 117.25, wait for the retest/hold of 117.10–117.25 before treating the breakout as continuation. Alert Note * Set value-buy alert at 116.75. * Set breakout-confirmation alert at 117.25. * Set management alerts at 117.50 and 118.00. Action Plan: CADJPY is a Track 1 Value Hunting plan first: the better buy is a pullback into 116.55–116.75, not a market entry at the breakout edge. If price gives a full H4 close above 117.25 and then holds the retest, the plan shifts into Track 2 Momentum Raider toward 117.50, then 118.00 only after acceptance. If price rejects 117.25, stand down and wait for value. Valid Buy Plan Entry Zone: 117.10–117.25 Preferred Entry: 117.15–117.20 Hard SL: 116.85 TP1: 117.50 Partial / management level. TP2: 118.00 Main HTF objective.