SELL CHFJPY – 199.186

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CHFJPY

Trade ID: chfjpysell1771243425542 | Execution: 683170
Status
WON
Direction
SELL
Entry Price
199.186
Targets Hit
1 / 3

Trade Levels

Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
199.186
0
Filled
Feb 16, 2026 12:04 PM
Stop Loss
199.346
16
HIT
2026-02-16 15:00:00
Take Profit 1
199.074
11.2
HIT
2026-02-16 13:33:00
Take Profit 2
198.978
20.8
Not Hit
-
Take Profit 3
198.786
40
Not Hit
-

Trade Analysis

Strategy & Reasoning
Strategy
Breakout/Sweep
Reason
Short CHFJPY because a sell‑sweep pattern (equal high‑low sweep and gap fill) on high volume aligns with a bearish multi‑timeframe bias and weak Japanese GDP data that favours yen strength
Details

The trade is entered at 199.186 on a clear sell‑sweep formation where the price has filled a recent gap and created an equal high‑low sweep, indicating institutional distribution. The H4 chart shows a 29 % bearish bias and the higher‑timeframe (MTF) view is also bearish, reinforcing the downside momentum. Volume is elevated, confirming the strength of the move. The stop loss is placed at the structural level of 199.346, providing a tight risk‑reward profile with three profit targets (199.074, 198.978, 198.786). Fundamentally, the latest Japanese GDP release missed expectations, strengthening the yen as a safe‑haven currency and adding to the risk‑off environment, which typically benefits JPY versus the Swiss franc. The combination of robust technical signals and supportive macro news justifies a high‑confidence short position on CHFJPY.

Confluence Metrics

Technical & Fundamental Analysis Scores
Technical Confluence
Equal HL Sweep, Gap Fill, multi‑timeframe bearish alignment on H4, high volume, key resistance at 199.186 with structure stop at 199.346
Fundamental Sentiment
Japanese GDP underwhelms, prompting yen safe‑haven demand and risk‑off bias that supports JPY strength against CHF
Confidence Score
85
Trade Conviction
High
Reasoning Completeness
High
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