Relevant trade ideas on 5.03.2020

Hello. Let’s look at a few interesting points to trade in the Forex market on 5.03.2020


On a pair USDCAD after the expected correction in the district 1,33200 the price went up, but again met resistance around 1,34200 and formed a pattern Doji. Judging by choosemomentum sellers in the statistics of transactions should wait for a breakout of the resistance level and continue growth in the price further in the trend. Continue to keep open buy.


On GBPJPY continue to move in the area of support level 137,90 and formed a pattern of Rails. Waiting for the correction to the area 141,14 and the signals of Price Action, going to try sales with the development of the down trend.

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