USDCAD
Trade ID: usdcadsell1770394894295 | Execution: 512080
Status
LOST
Direction
SELL
Entry Price
1.36442
Targets Hit
0 / 3
Trade Levels
Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
1.36442
0
Filled
Feb 6, 2026 4:23 PM
Stop Loss
1.36692
25
HIT
2026-02-08 22:01:00
Take Profit 1
1.36292
15
Not Hit
-
Take Profit 2
1.36117
32.5
Not Hit
-
Take Profit 3
1.35817
62.5
Not Hit
-
Trade Analysis
Strategy & Reasoning
Strategy
Trend Following
Reason
Bearish technical patterns including FVG midline and equal HL sweeps with MTF confirmation, structural SL, and high volatility environment.
Details
The USDCAD sell trade is driven by technical confluence including a FVG midline pattern signaling bearish continuation and equal high-low sweeps indicating exhaustion of bullish momentum. Multi-timeframe analysis shows bearish alignment on higher timeframes reinforcing the short bias. Structural resistance at 1.36692 provided logical SL placement while high volatility increases likelihood of reaching TP levels. Fundamental context shows neutral institutional positioning but elevated market volatility supports directional moves. News items mentioning BoE/ECB holds and global risk positioning create USD-neutral conditions, allowing technicals to dominate price action in this setup.
Confluence Metrics
Technical & Fundamental Analysis Scores
Technical Confluence
FVG midline, Equal HL sweep, Bearish MTF alignment, Structural SL
Fundamental Sentiment
High volatility, Neutral institutional positioning
Confidence Score
86
Trade Conviction
High
Reasoning Completeness
Medium