EURUSD
Trade ID: eurusdbuy1770404565990 | Execution: 513611
Status
LOST
Direction
BUY
Entry Price
1.18194
Targets Hit
0 / 3
Trade Levels
Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
1.18194
0
Filled
Feb 6, 2026 7:03 PM
Stop Loss
1.18094
10
HIT
2026-02-08 22:05:00
Take Profit 1
1.18254
6
Not Hit
-
Take Profit 2
1.18324
13
Not Hit
-
Take Profit 3
1.18444
25
Not Hit
-
Trade Analysis
Strategy & Reasoning
Strategy
Breakout
Reason
EURUSD technical breakout supported by bullish sweep pattern coinciding with USD weakness from dovish Fed expectations post-weak JOLTS data and European equity inflows. SL placed below key structure provides favorable risk-reward.
Details
The trade combines a bullish technical setup with supportive fundamentals. Technically, the equal high-low sweep pattern signals absorption of sell-side liquidity with breakout potential, confirmed by H4 timeframe momentum. Fundamentally, steady ECB rates amid below-target inflation reduces EUR downside risk, while weak US JOLTS/jobs data reinforces Fed rate cut expectations - diverging from Europes policy outlook. Institutional flows show rotating into European equities (14B inflow) at US tech expense, creating EUR demand. High volatility amplifies breakout potential, with SL at prior swing low aligning with market structure.
Confluence Metrics
Technical & Fundamental Analysis Scores
Technical Confluence
H4 alignment, Equal HL sweep pattern, Structure-based SL
Fundamental Sentiment
ECB rates steady, BoE dovish, weak US labor data, USD weakness
Confidence Score
94
Trade Conviction
High
Reasoning Completeness
Medium