BUY CADJPY – 112.427

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CADJPY

Trade ID: cadjpybuy1771351995502 | Execution: 713344
Status
LOST
Direction
BUY
Entry Price
112.427
Targets Hit
0 / 3

Trade Levels

Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
112.427
0
Filled
Feb 17, 2026 6:14 PM
Stop Loss
112.307
12
HIT
2026-02-17 22:04:00
Take Profit 1
112.511
8.4
Not Hit
-
Take Profit 2
112.583
15.6
Not Hit
-
Take Profit 3
112.727
30
Not Hit
-

Trade Analysis

Strategy & Reasoning
Strategy
Order Block Breakout
Reason
Buying CADJPY on a bullish order‑block sweep with strong volume as Japanese economic data suggests yen weakness while the Canadian dollar remains supported by commodity flows
Details

The trade is based on a clear bullish order‑block identified on the 4‑hour chart around 112.4, confirmed by an equal‑high‑low sweep that generated a strong buying sweep and high‑volume activity. Price broke the structural support at 112.307, establishing a solid stop‑loss, and the next resistance levels align with the planned targets at 112.511, 112.583 and 112.727. On the fundamental side, recent Japanese GDP growth of only 0.2 % and a generally dovish stance from the Bank of Japan have pressured the yen, while the Canadian dollar benefits from stable oil‑related flows and no major negative data, creating a favorable risk‑on environment for CADJPY. The combination of a high‑quality technical setup and supportive macro conditions justifies a high‑confidence long position.

Confluence Metrics

Technical & Fundamental Analysis Scores
Technical Confluence
Order Block, Equal High Low Sweep, high volume, structure support, H4 alignment
Fundamental Sentiment
Weak Japanese GDP and dovish outlook weakening JPY, stable Canadian dollar supported by commodity flows
Confidence Score
95
Trade Conviction
High
Reasoning Completeness
Medium
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