CADJPY M5 27.03

CADJPY - market conditions seem to change and a possible change in trend it may acquire since supper trend H1 shift color as well, signaling a downward move.
Price broke below the 4/8 and bounced from 3/8 to 5/8 and from here a continuation from downwards can be expected and the edge that stands to favor this move it is, that on a smaller scale at the level of 3/8 with the shift of the MM lines we may see that price got bellow the -2/8 fact that most are interpreting as an oversold area which actually stands for great optimism in that direction. This has been said we may expect that price to continue downwards towards 3/8[-2/8] where a TP has been set, and if the price keeps on dropping we may look for that possible change in trend, aiming towards 0/8

[quote=sizabici post_id=1295406814 time=1585285471 user_id=4935501]
CADJPY M5 27.03

CADJPY - update; TP and most probably it will get at our set target it happened that moved SL further down too early no reason to make a reentry at this level ...

NZDUSD - M5

The Aussie is in an uptrend and at this moment our supposition based on MM it is that 0/8th 0.5900 can be a higher low towards 0.600 for a retest of yesterday's high and possible for an upbreak towards 0.60500, not quite sure as market it always is unpredictable, but first and foremost it is to see the price at 0.6000 for a retest. Once the price it is heading above 0.59800 we are going to move our SL to break, even a fast move can be expected once price at 4/8th- 0.59800 (moving higher towards out Tp or a rejection downwards)

EURUSD M5 - strong uptrend. If price gets above the 2/8th it may continue its ascension towards [3/8]- [4/8]

GBPJPY M5 - 29.03 - AS LONG THE BIG FIGURES on GBPJPY are above the 13O level it is definitely an uptrend and the first higher lows that we are looking for can give us the chance to get on to ride towards the 8/8th of MM lines, for a retest, and from there with a quite good probability an up break towards 135 and even higher

USDCAD M5

sizabici wrote: Mon Mar 30, 2020 5:23 pm USDCAD M5

TURNED OUT TO BE a premature entry or quite possible and most probably a miss understood of the market at this point since the price tended to stay above 4/8th

GBPUSD - M5 The STERLING definitely within an uptrend and we are looking with interest to see an up move towards 1.27000 taking profits along

sizabici wrote: Mon Mar 30, 2020 4:37 pm GBPJPY M5 - 29.03 - AS LONG THE BIG FIGURES on GBPJPY are above the 13O level it is definitely an uptrend and the first higher lows that we are looking for can give us the chance to get on to ride towards the 8/8th of MM lines, for a retest, and from there with a quite good probability an up break towards 135 and even higher

GBPUSD M5
GBPJPY M5

Since MM lines changed position indicating a change in the market as well we closed our trades accordingly either with a profit or a small profit: "no one ever went broke taking a profit"

EURJPY M5