SELL CHFJPY – 199.011

By /

CHFJPY

Trade ID: chfjpysell1770945485007 | Execution: 615373
Status
LOST
Direction
SELL
Entry Price
199.011
Targets Hit
0 / 3

Trade Levels

Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
199.011
0
Filled
Feb 13, 2026 1:18 AM
Stop Loss
199.171
16
HIT
2026-02-13 01:27:00
Take Profit 1
198.899
11.2
Not Hit
-
Take Profit 2
198.803
20.8
Not Hit
-
Take Profit 3
198.611
40
Not Hit
-

Trade Analysis

Strategy & Reasoning
Strategy
Breakout Short
Reason
Sell CHFJPY expecting a move lower as the yen strengthens after the election‑driven rally and the price completes a gap‑fill sell sweep with strong volume and bearish multi‑timeframe bias.
Details

The trade is based on a high‑grade technical setup where the price formed an equal‑high‑low sweep and filled a recent gap, triggering a sell sweep at 199.011 with high volume. Multi‑timeframe analysis shows a bearish bias on the H4 chart (23% down) and a neutral institutional stance, while the OBV indicator conflicts, suggesting a potential short‑term pull‑back but not enough to offset the overall bearish structure. Fundamentally, the Japanese yen has appreciated sharply after Prime Minister Sanae Takaichi’s election win and the SNB has signaled no aggressive defence, while US labour market data has kept the dollar firm, reinforcing a relative strength of the yen versus the franc. Combined, these factors justify a short position with TP levels at 198.899, 198.803 and 198.611 and a stop at the recent structural high of 199.171.

Confluence Metrics

Technical & Fundamental Analysis Scores
Technical Confluence
Equal HL Sweep, Gap Fill, Multi‑timeframe bearish alignment, High volume, OBV conflict, Structure stop at 199.171
Fundamental Sentiment
Yen rally on Japanese election win and limited SNB intervention, with strong US jobs data supporting dollar but overall bias favouring yen strength, making CHFJPY bearish
Confidence Score
85
Trade Conviction
High
Reasoning Completeness
High
Scroll to Top