ETHUSD
Trade ID: ethusdsell202602040648 | Execution: 446962
Status
WON
Direction
SELL
Entry Price
2274.8
Targets Hit
3 / 3
Trade Levels
Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
2274.8
0
Filled
Feb 4, 2026 6:49 AM
Stop Loss
2304.8
3000
Not Hit
-
Take Profit 1
2255.3
1950
HIT
2026-02-04 09:36:00
Take Profit 2
2232.8
4200
HIT
2026-02-04 11:06:00
Take Profit 3
2208.8
6600
HIT
2026-02-04 13:45:00
Trade Analysis
Strategy & Reasoning
Strategy
Trend Following
Reason
Selling ETHUSD to fade gap after failed bullish momentum, aligning with broader crypto risk-off flows due to commodity rout and USD strength
Details
The trade combines technical gap filling behavior with deteriorating macro fundamentals. ETHUSD shows a clear gap fill pattern on H4 charts with bearish MTF momentum confirmation. Fundamentally, the Australian rate hike introduces unexpected tightening pressure while Fed officials signal delayed cuts, boosting USD. Collapsing oil prices and precious metals indicate broad risk aversion, exacerbated by SPX completing a bearish Elliott wave pattern. Institutional positioning remains neutral but volatility expansion favors continuation, with stop placed above structural resistance and targets at key Fibonacci levels.
Confluence Metrics
Technical & Fundamental Analysis Scores
Technical Confluence
Gap Fill pattern, Multi-timeframe bearish alignment, High Volatility
Fundamental Sentiment
Bearish risk sentiment from commodity collapse, USD strength from Fed caution, RBA rate hike
Confidence Score
73
Trade Conviction
High
Reasoning Completeness
High