Blog
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U.S. Dollar / Canadian Dollar
πHi! Hola! Ola! Bonjour! Hallo!π
Dear Money Makers & Robbers, π€ π°
Based on π₯Thief Trading style technical and fundamental analysisπ₯, here is our master plan to heist the USD/CAD “The Loonie” 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. π Be wealthy and safe trade.πͺππ
Entry π : You can enter a Bull trade at anypoint,
however I advise placing 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 π: Using the 2h period, the recent / nearest low or high level.
Goal π―: 1.44850 (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 π°.
Warningβ οΈ : Our heist strategy is incompatible with Fundamental Analysis news π° ποΈ. We’ll wreck our plan by smashing the Stop Loss π«π. Avoid entering the market right after the news release.
Fundamental Outlook π°ποΈ
The USD/CAD pair is expected to move in a bullish trend, driven by several fundamental factors:
US Economy: The US economy is expected to grow, driven by a strong labor market and increasing consumer spending.
Canadian Economy: The Canadian economy is expected to slow down, driven by a decline in crude oil prices and a decrease in housing market activity.
Interest Rate Divergence: The Federal Reserve (Fed) is expected to keep interest rates steady, while the Bank of Canada (BOC) is expected to cut interest rates, which could lead to a widening of the interest rate differential between the two currencies.
Commodity Prices: Canada is a major commodity exporter, and a decline in commodity prices could hurt the Canadian economy and support the USD.
UPCOMING NEWS:
US Retail Sales: The US retail sales for July are expected to increase by 0.3% monthly, which could lead to a strengthening of the USD.
Canadian Retail Sales: The Canadian retail sales for July are expected to decrease by 0.2% monthly, which could lead to a weakening of the CAD.
US Consumer Price Index (CPI): The US CPI for July is expected to increase by 0.2% monthly, which could lead to a strengthening of the USD.
Canadian CPI: The Canadian CPI for July is expected to decrease by 0.1% monthly, which could lead to a weakening of the CAD.
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.
Take advantage of the target and get away π― Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
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.
πSupporting our robbery plan will enable us to effortlessly make and steal money π°π΅ 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.ππͺπ€β€οΈππ
I’ll see you soon with another heist plan, so stay tuned π« -
Bitcoin
The current technical setup for BTC/USD on the 4-hour chart indicates a potential bearish trend. Price action is heading towards the support zone near $89,645.20, as highlighted by the recent lower highs and lower lows pattern. The stop-loss (SL) point is strategically set at $102,814.36 to manage risk effectively if the price reverses unexpectedly.
The chart displays signs of resistance around $98,395.74; however, indicators suggest bearish momentum persists unless a significant breakout occurs above this level. Fundamental factors such as ongoing regulatory developments and macroeconomic conditions continue to play a crucial role in Bitcoinβs market dynamics.
Traders should monitor key economic announcements that could impact market sentiment and consider maintaining a cautious stance due to possible volatility spikes,
NOTE This analysis is for informational purposes only and does not constitute financial advice,
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