BUY CADJPY – 114.268

CADJPY

Trade ID: cadjpybuy202601201502 | Execution: 165057
Status
LOST
Direction
BUY
Entry Price
114.268
Targets Hit
0 / 3

Trade Levels

Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
114.268
0
Filled
Jan 20, 2026 3:04 PM
Stop Loss
114.168
10
HIT
2026-01-20 16:05:00
Take Profit 1
114.348
8
Not Hit
-
Take Profit 2
114.418
15
Not Hit
-
Take Profit 3
114.518
25
Not Hit
-

Trade Analysis

Strategy & Reasoning
Strategy
Mean Reversion
Reason
We are executing a BUY on CADJPY as a mean reversion play after a liquidity sweep, supported by strong multi-timeframe bullish alignment and volatile price action. The trade targets a quick TP1 at 114.295, achievable within 60 minutes based on the 40% hourly ATR calculation, with SL placed below the recent sweep low.
Details

The analysis integrates a top-down technical view where Daily, 4H, and 1H charts all show bullish trends with price above key moving averages, providing a strong directional bias. The entry is triggered by a detected liquidity sweep pattern on the 15-minute timeframe (price dipping to 114.203 before reversing), which is a classic smart money manipulation signal. Risk management is defined by a tight stop loss of 7.5 pips and a Take Profit 1 (TP1) distance of 2.7 pips (adjusted to 5 pips before the major 114.30 level to avoid spread slippage), calculated to be achievable within 60 minutes given the current hourly ATR of 9.34 pips. Fundamental sentiment is neutral due to the absence of direct CAD/JPY specific news, though general geopolitical risks are noted but not impacting the pair directly at this moment.

Confluence Metrics

Technical & Fundamental Analysis Scores
Technical Confluence
Multi-timeframe bullish alignment (Daily/4H/1H above EMAs), 1H RSI neutral, 15M/5M ATR analysis for TP1 speed, potential liquidity sweep pattern
Fundamental Sentiment
Neutral (general market risk-off but no direct CAD/JPY news)
Confidence Score
80
Trade Conviction
High
Reasoning Completeness
High
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