CHFJPY
Trade ID: chfjpybuy202601230018 | Execution: 215058
Status
WON
Direction
BUY
Entry Price
200.794
Targets Hit
1 / 3
Trade Levels
Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
200.794
0
Filled
Jan 23, 2026 12:22 AM
Stop Loss
200.674
12
HIT
2026-01-23 02:41:00
Take Profit 1
200.878
8.4
HIT
2026-01-23 00:44:00
Take Profit 2
200.974
18
Not Hit
-
Take Profit 3
201.094
30
Not Hit
-
Trade Analysis
Strategy & Reasoning
Strategy
Trend Following
Reason
Bullish alignment across all major timeframes provided the directional bias; a liquidity sweep below the round number 200.80 on the 5-minute chart offered a high-probability entry point for a continuation of the uptrend.
Details
The trade is based on a strong technical confluence where Daily, 4H, and 1H charts are all bullish, with price holding above all EMAs. A specific 5-minute liquidity sweep occurred where price dipped below the psychological level 200.80 and quickly recovered, signaling institutional absorption and a likely false breakdown. Fundamentally, general market news shows risk-on themes (tariff fears easing, strong data), which typically supports pairs like CHFJPY, though the specific news sentiment was neutral. The confidence is supported by the Asian session timing, which historically offers the highest win rate for CHFJPY, and the entry is within a low volatility window, allowing for a tight stop loss below the sweep low of 200.771.
Confluence Metrics
Technical & Fundamental Analysis Scores
Technical Confluence
Multi-timeframe alignment (Daily, 4H, 1H bullish) + Round number pivot 200.80
Fundamental Sentiment
General risk-on sentiment from news (Trump tariff easing, strong jobs) with neutral score 58.5%
Confidence Score
75
Trade Conviction
High
Reasoning Completeness
High