BUY CADCHF – 0.56761

CADCHF

Trade ID: cadchfbuy1770828466902 | Execution: 590896
Status
WON
Direction
BUY
Entry Price
0.56761
Targets Hit
1 / 3

Trade Levels

Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
0.56761
0
Filled
Feb 11, 2026 4:48 PM
Stop Loss
0.56641
12
HIT
2026-02-11 22:20:00
Take Profit 1
0.56833
7.2
HIT
2026-02-11 19:00:00
Take Profit 2
0.56917
15.6
Not Hit
-
Take Profit 3
0.57061
30
Not Hit
-

Trade Analysis

Strategy & Reasoning
Strategy
Breakout
Reason
Bullish technical confluence with equal highs/lows sweep pattern combined with broad USD weakness creating favorable asymmetry for CADCHF upside breakout
Details

The trade capitalizes on strong technical bullish signals including the equal highs/lows sweep pattern triggering at key support, supported by H4 timeframe alignment showing 66% bullish conviction. Fundamentally, USD weakness persists following disappointing retail sales data while the S&P 500 pushing record highs indicates risk-on flows supportive of commodity currencies like CAD. Though lacking direct CAD/CHF drivers, the combination of USD bearishness from dovish Fed repricing (BOJ election impact on JPY creating indirect USD pressure) and clean technical structure provides high-probability breakout setup. Volatility contraction preceding NFP creates optimal entry conditions for bullish momentum play.

Confluence Metrics

Technical & Fundamental Analysis Scores
Technical Confluence
Equal Highs/Lows Sweep Pattern, H4 Timeframe Support, Bullish Structure
Fundamental Sentiment
USD Weakness Post-Underwhelming Retail Sales, Risk-On Sentiment in Equities
Confidence Score
100
Trade Conviction
High
Reasoning Completeness
High
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