CADJPY
Trade ID: cadjpybuy1770017567344 | Execution: 406869
Status
WON
Direction
BUY
Entry Price
113.342
Targets Hit
3 / 3
Trade Levels
Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
113.342
0
Filled
Feb 2, 2026 7:33 AM
Stop Loss
113.222
12
Not Hit
-
Take Profit 1
113.414
7.2
HIT
2026-02-02 07:46:00
Take Profit 2
113.498
15.6
HIT
2026-02-02 08:02:00
Take Profit 3
113.642
30
HIT
2026-02-02 08:22:00
Trade Analysis
Strategy & Reasoning
Strategy
Trend Following
Reason
Combination of technical reversal confirmation (order block exit) with JPY bearish fundamentals from BOJ normalization path skepticism and CAD support from oil stability
Details
The trade leverages a technical breakout through a key order block at 113.222 support reinforced by London session reversal patterns. Fundamentally, crude oil stability following OPEC+s production decision offers CAD support, while yen weakness persists due to BOJs gradual tightening approach despite recent intervention threats. High volatility from Fed nomination uncertainties creates directional momentum, with stop loss strategically positioned below structural support to limit downside. The multi-target approach accounts for price acceleration through key JPY vulnerability zones during Asian/London overlap.
Confluence Metrics
Technical & Fundamental Analysis Scores
Technical Confluence
ORDER_BLOCK combined with LONDON_MSS_REVERSAL pattern, H4 timeframe alignment
Fundamental Sentiment
CAD supported by OPEC+ output hold maintaining oil strength, JPY pressured by BOJ policy caution and political yen weakness commentary
Confidence Score
88
Trade Conviction
High
Reasoning Completeness
High