CADCHF
Trade ID: cadchfbuy1770098338571 | Execution: 427134
Status
LOST
Direction
BUY
Entry Price
0.56959
Targets Hit
0 / 3
Trade Levels
Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
0.56959
0
Filled
Feb 3, 2026 5:59 AM
Stop Loss
0.56839
12
HIT
2026-02-03 08:54:00
Take Profit 1
0.57031
7.2
Not Hit
-
Take Profit 2
0.57115
15.6
Not Hit
-
Take Profit 3
0.57259
30
Not Hit
-
Trade Analysis
Strategy & Reasoning
Strategy
Breakout
Reason
Technical confluence of bullish patterns & MTF alignment overrides OBV conflict; Strong entry setup with structure-based SL during high volatility
Details
Despite mixed fundamentals (USD strength from Warsh nomination & manufacturing data), CADCHFs technical setup shows compelling breakout potential. The EQUAL_HL_SWEEP pattern indicates trapped liquidity while GAP_FILL suggests momentum continuation. H4 bullish alignment at 82% confidence supports entry despite neutral institutional flows. High volatility provides favorable risk/reward for this structure-based play (SL at recent swing low). RBAs hawkish hike may indirectly support CAD via commodity correlations, while ISM data shows US manufacturing expansion could fuel risk-on flows benefiting CAD. OBV divergence remains a caution but is outweighed by multi-pattern confluence.
Confluence Metrics
Technical & Fundamental Analysis Scores
Technical Confluence
EQUAL_HL_SWEEP, GAP_FILL, BULLISH/BULLISH MTF, H4 82%
Fundamental Sentiment
USD strength (Fed Chair nomination), RBA hawkish hike, ISM Manufacturing beat
Confidence Score
95
Trade Conviction
High
Reasoning Completeness
High