CADJPY
Trade ID: cadjpysell1770711528996 | Execution: 566931
Status
WON
Direction
SELL
Entry Price
114.635
Targets Hit
3 / 3
Trade Levels
Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
114.635
0
Filled
Feb 10, 2026 8:19 AM
Stop Loss
114.755
12
Not Hit
-
Take Profit 1
114.563
7.2
HIT
2026-02-10 09:08:00
Take Profit 2
114.479
15.6
HIT
2026-02-10 09:55:00
Take Profit 3
114.335
30
HIT
2026-02-10 12:40:00
Trade Analysis
Strategy & Reasoning
Strategy
Mean Reversion
Reason
Gap fill setup combined with bearish structure confirmation. JPY strength from potential risk-off flows vs CAD vulnerability from neutral commodity outlook.
Details
The CADJPY short utilizes strong technical confluence with a gap fill pattern at resistance (114.755 SL placed above structure). While fundamentals show mixed USD weakness (gold rally, dollar rout reports) affecting JPY inversely, CAD lacks strong catalysts beyond oil neutrality. Recent China-Japan tensions create haven demand for JPY, though CAD isnt directly targeted in news. Entry quality (94/100) justifies positioning, yet medium conviction reflects neutral institutional/MTF signals and absence of direct CAD/JPY drivers in catalysts. Risk-reward aligns via multi-take-profit levels targeting 114.335 fib extension.
Confluence Metrics
Technical & Fundamental Analysis Scores
Technical Confluence
GAP_FILL Pattern, Structural SL at 114.755, EXCELLENT Entry Grade
Fundamental Sentiment
Mixed USD Weakness (Affecting JPY Safe-Haven), Neutral Commodity Impact on CAD
Confidence Score
75
Trade Conviction
Medium
Reasoning Completeness
Medium