Japanese Yen Index Approaches Resistance – What’s Next for JXY?

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Japanese Yen Index Approaches Resistance – What’s Next for JXY?Japanese Yen Currency IndexTVC:JXYThe-Thief💴 JXY (Japanese Yen Index) – Thief Trader’s Market Money Looting Plan 🕵️‍♂️💰 📌 Plan Overview Bias: Bullish Breakout confirmed with Hull Moving Average crossover. Style: Swing / Day Trade ⚡ Entry Approach: Using layered limit orders (the “Thief Strategy”) at: 🪙 67.60 | 🪙 67.80 | 🪙 67.90 | 🪙 68.00 (💡 You can increase limit layers based on your own risk & style). 🎯 Target & Escape Plan Target Zone (TP): 68.50 ⚡ (Hull MA resistance + Overbought Zone + Trap Alert) The idea: Steal profits & escape before the trap closes ⛓️💨. Note: Targets are flexible. Dear Ladies & Gentlemen (Thief OG’s), adjust TP as per your strategy & risk. 🛡️ Risk Management – Thief Style Stop Loss (SL): 67.20 🛑 (after breakout confirmation). ⚠️ Reminder: SL is not fixed. Thief OG’s, adjust SL to match your startergy & personal risk. The golden thief rule: Protect your loot before escaping! 🕶️💼 🔑 Key Points to Watch Hull MA Breakout = Momentum trigger 📈. JPY Strength/Weakness can be spotted through related pairs: USDJPY 💵💴 → Direct correlation with JXY (inverse to USD strength). EURJPY 💶💴 → Tracks EUR flows vs JPY. GBPJPY 💷💴 → Higher volatility = bigger loot opportunities 🏴‍☠️. AUDJPY & NZDJPY 🌏💴 → Strong risk sentiment indicators. JPY futures (6J1!) 🕵️‍♂️ → Direct hedge tool. 🧩 Correlation Insight When JXY pumps 🚀, typically USDJPY drops 📉. Crosses like EURJPY / GBPJPY can become volatile = side opportunities for scalpers. Watch global risk sentiment (equities/indices) – JPY often behaves as a safe-haven thief 🏦. ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” #JXY #JPY #USDJPY #EURJPY #GBPJPY #AUDJPY #NZDJPY #Forex #SwingTrade #DayTrading #HullMA #Breakout #TradingStrategy #MarketAnalysis #TradingView