BUY CADJPY – 114.719

CADJPY

Trade ID: cadjpybuy1770271269743 | Execution: 474697
Status
WON
Direction
BUY
Entry Price
114.719
Targets Hit
2 / 3

Trade Levels

Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
114.719
0
Filled
Feb 5, 2026 6:02 AM
Stop Loss
114.599
12
HIT
2026-02-05 13:21:00
Take Profit 1
114.791
7.2
HIT
2026-02-05 07:20:00
Take Profit 2
114.875
15.6
HIT
2026-02-05 11:02:00
Take Profit 3
115.019
30
Not Hit
-

Trade Analysis

Strategy & Reasoning
Strategy
Breakout
Reason
Breakout play targeting liquidity above structure, supported by H4 bullish alignment and volatility conditions despite neutral fundamentals
Details

The trade exploits bullish technical confluence with FVG (Fair Value Gap) midline break and equal high/low sweeps indicating absorption of prior selling pressure. H4 timeframe shows 90% bullish conviction with optimized entry scoring 99/100, while structural support at 114.599 provides tight risk management. Though institutional positioning and multi-timeframe analysis are neutral, the high volatility environment favors breakout strategies. No acute fundamental drivers from provided news (Turkish arrests, Dubai expos, prediction markets), reducing fundamental conviction but technical setup overrides through clear pattern recognition.

Confluence Metrics

Technical & Fundamental Analysis Scores
Technical Confluence
FVG midline + equal high/low sweep + H4 90% bullish alignment + structural SL
Fundamental Sentiment
No direct CAD/JPY catalysts; high volatility environment
Confidence Score
95
Trade Conviction
High
Reasoning Completeness
Medium
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