Mashariki20

Mashariki20

Bias for Tuesday and Wednesday

Mashariki20

USDJPY looking crisp. Please let me know your thoughts on this idea. What would you do to improve profitability on this setup? Cheers.

Mashariki20

USDCAD appears to be in some consolidation (light blue box) at the moment. The market also seems to be ranging, however price appears to be creating lower lows & lower highs. I will be looking to take shorts or longs per the analysis shown. Cheers.

Mashariki20

EURUSD looks overextended at the moment, both on the 4 hour and 1 hour charts. Therefore currently looking for shorts. Price has been unable to break the intraday high in blue, and is showing depletion in bullish pressure. Currently looking for a break of structure and bearish momentum to provide some sell opportunities on the intraday high in blue, as well as a...

Mashariki20

EURAUD failed to break the structure high and showed bearish momentum. Price appears to be retesting that blue intraday high and holding above the grey mid-level. If the market can form a double top on the blue intraday high, or break and stay below the mid-level then I can start looking for shorts. Will wait for structure to form on the 15 min chart then look...

Mashariki20

NZDCAD is has been creating lower lows and lower highs indicating bearish structure in the market hence will be looking for shorts. Price is rallying back to an intraday level (top blue area) on the 1 hour chart where bears might be sitting and that's where I will be looking for sell opportunities. The grey mid-level area is where I anticipate price to exhaust...

Mashariki20

Price is at a key level on the 1 hour chart. I can see a sell bias in this market (personal opinion) therefore will be looking for shorts. I am currently waiting on a structure formation on the 15 min chart & will plan and take my entry on the 5 min chart.

Mashariki20

EURJPY has reached a key monthly level which hasn't been broken going as far back as March-April. Price is looking overextended as it reaches for the monthly high , therefore expecting bears and bulls to start a tag of war at the level in Blue . As for now, price is ranging (areas in black) and will be looking to take shorts if the market shows depletion...