CADJPY
Trade ID: cadjpybuy1770096896836 | Execution: 426630
Status
LIVE
Direction
BUY
Entry Price
113.724
Targets Hit
2 / 3
Trade Levels
Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
113.724
0
Filled
Feb 3, 2026 5:35 AM
Stop Loss
113.604
12
Pending
-
Take Profit 1
113.796
7.2
HIT
2026-02-03 06:11:00
Take Profit 2
113.88
15.6
HIT
2026-02-03 08:18:00
Take Profit 3
114.024
30
Pending
-
Trade Analysis
Strategy & Reasoning
Strategy
Breakout
Reason
Bullish technical patterns aligning with JPY weakness due to risk-off sentiment amid precious metals crash & USD strength.
Details
The trade combines bullish technical confluence on CADJPY including FVG midline breakout and equal highs sweep pattern with multi-timeframe bullish alignment. Fundamentally, JPY faces pressure from risk-off flows as gold/silver collapse and USD strengthens on Trumps hawkish Fed chair nomination (Kevin Warsh). Though OBV shows conflict, the setups tight 12-pip stop at structure supports high conviction. CAD benefits from oil supply risks (Iran tensions) while RBAs potential hike may create positive AUDCAD spillover. Technicals override fundamental neutral institutional positioning amid high volatility conditions.
Confluence Metrics
Technical & Fundamental Analysis Scores
Technical Confluence
FVG_MIDLINE, EQUAL_HL_SWEEP, H4 BULLISH
Fundamental Sentiment
USD strength from Fed chair nominee, global risk-off sentiment, oil tensions
Confidence Score
86
Trade Conviction
High
Reasoning Completeness
High