CADJPY
Trade ID: cadjpybuy1770897744063 | Execution: 601773
Status
WON
Direction
BUY
Entry Price
113.103
Targets Hit
2 / 3
Trade Levels
Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
113.103
0
Filled
Feb 12, 2026 12:03 PM
Stop Loss
112.983
12
HIT
2026-02-12 13:36:00
Take Profit 1
113.175
7.2
HIT
2026-02-12 12:14:00
Take Profit 2
113.259
15.6
HIT
2026-02-12 12:56:00
Take Profit 3
113.403
30
Not Hit
-
Trade Analysis
Strategy & Reasoning
Strategy
Trend Following
Reason
Bullish technical signals targeting gap fill with tight structural SL, supported by JPY softness from UK GDP miss and improved risk-on flows post-US data
Details
CADJPY is positioned for trend continuation targeting TP levels based on gap fill pattern from prior price action. The technical setup scored A+ with EXCELLENT entry alignment as price respects structure for SL placement. Fundamentally, JPY faces headwinds from carry trade flows amid modest risk appetite recovery post-US jobs beat. While direct CAD catalysts are limited, stable oil prices and absence of dovish BoC signals create favorable backdrop. Bullish momentum convergence across timeframes and precise risk management make this high-probability trade despite neutral institutional positioning. The 0.12 pip SL distance provides favorable risk-reward ratio for gap fill play.
Confluence Metrics
Technical & Fundamental Analysis Scores
Technical Confluence
GAP_FILL pattern alignment with bullish signals across 4H and daily charts
Fundamental Sentiment
Slight JPY weakness from improving risk sentiment, stable CAD fundamentals
Confidence Score
90
Trade Conviction
High
Reasoning Completeness
High