CAD/JPY "The Loonie-Yen" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Thieves, 🤑 💰🐱👤🐱🏍
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the CAD/JPY "The Loonie-Yen" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits, Be wealthy and safe trade.💪🏆🎉
Entry 📈 : "The heist is on! Wait for the MA breakout (108.500) then make your move - Bullish profits await!"
however I advise to placing the Buy Stop Orders above the breakout MA or placing the Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Thief SL placed at 107.100 (swing Trade Basis) Using the 4H period, the recent / Swing Low or High level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 112.000 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
CAD/JPY "The Loonie-Yen" Forex Market market is currently experiencing a bullish trend,., driven by several key factors.
🟣Fundamental Analysis
Economic Indicators: Influenced by Canada's GDP, employment change, consumer price index, and Japan's GDP, inflation rates.
Monetary Policies: Impacted by Bank of Canada (BOC) and Bank of Japan (BOJ) interest rate decisions, quantitative easing, and forward guidance.
Trade Balance: Canada's trade balance, particularly with the US, and Japan's trade balance with China and the US.
Energy Prices: Correlated with energy prices, as Canada is a major oil exporter.
Safe-Haven Currency: Japanese yen considered a safe-haven currency during times of market stress.
🟡Macroeconomic Analysis
Global Economic Trends: The global economic slowdown and trade tensions are impacting both Canada and Japan
Commodity Prices: Canada's economy is heavily influenced by commodity prices, particularly oil prices
Japan's Trade Balance: Japan's trade balance has been impacted by the ongoing trade tensions between the US and China
🔵COT Data Analysis
Net Long Positions: Institutional traders have increased their net long positions in CAD/JPY to 58%
COT Ratio: The COT ratio has risen to 2.1, indicating a bullish trend
Non-Commercial Traders: Non-commercial traders, such as hedge funds and individual traders, have increased their long positions to 62%
⚪Market Sentimental Analysis
Bullish Sentiment: 55% of client accounts are long on this market, indicating a bullish sentiment
Bearish Sentiment: 45% of client accounts are short on this market, indicating a bearish sentiment
🔴Positioning Data Analysis
Institutional Traders: Institutional traders are positioning themselves for a bullish trend, with some predicting a move to 112.00
Corporate Traders: Corporate traders are also monitoring the pair's performance, considering factors like interest rates and global economic trends
🟠Technical Analysis
Trend Line: The pair is holding comfortably above the ascending trend line
Moving Averages: The 200-period and 100-period Simple Moving Averages (SMA) are indicating a bullish bias
Relative Strength Index (RSI): The RSI indicator on the 4-hour chart stays above 50, indicating a bullish trend
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
