ASCENS10N

ASCENS10N

We are seeing a prevailing downtrend breakout with a formation of a shorter term uptrend. Using 1900 as support, we can see the price of gold revisit 1950 and possibly 2000. Entry is valid as long as price is above 1900 SL: 1880 TP: 1950/2000

ASCENS10N

Price is still in a downtrend but it has hit some form of support zone. We can possibly see a retracement upwards before the continuation of a downtrend. Going long is not recommended but it may be worth the risk. Entry is valid as long as price is above 0.8700 SL: 0.8690 TP: 0.9030

ASCENS10N

Simple breakout and retest with a bullish momentum should take this pair to the 129.00 levels as long as 125.75 is not broken EURJPY Long Entry is valid as long as price is above 125.75 SL: 124.80 TP: 129.00

ASCENS10N

No signs of bearishness seen. Price is supported at the 0.90 level. Bearish pinbar yesterday formed possibly to bait the retail shorts for liquidity before the upward movement. NZDCAD Long Entry is valid as long as price is above 0.8995 Entry: 0.9010 SL: 0.8900 TP: 0.9210

ASCENS10N

Ascending triangle pattern on GBPCHF Expect a reversal after a stop hunt today. GBPCHF Long Entry is valid as long as price is above 1.1800 Entry: 1.1840 SL: 1.1715 TP: 1.2170

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Price is being supported at the moving averages crossover, we can likely see this pair push higher to the next resistance zone. CADCHF Long Entry is valid as long as price is above 0.6935 Entry: 0.6950 SL: 0.6915 TP: 0.7020

ASCENS10N

Price is sitting at the bottom of the trend channel. We have CAD BOC Rate Statement and Overnight Rate Decision tonight which can help to swing this pair higher if the BOC is dovish. Retail traders are still net long, which may cause a stop hunt to happen tonight before the swing upwards. USDCAD Long Entry is valid as long as price is above 1.2780 Entry:...

ASCENS10N

The uptrend has broken into a parabolic state, which is unsustainable in the long run. The higher it goes, the harder it will fall. Wait for a confirmation of a bearish bias when price breaks below the top of the trend channel. NZDUSD Short Entry is valid as long as price is below 0.7000 Entry: Sell Stop 0.7000 SL: 0.7120 TP: 0.6740

ASCENS10N

Price has formed a double top resistance after a stop hunt of at 1.3470 level, triggering a strong selling reaction. Uptrend is still intact, but we can likely see price retrace downwards to the trendline before the next direction is decided. GBPUSD Short Entry is valid as long as price is below 1.3390 Entry: 1.3385 SL: 1.3470 TP: 1.3220

ASCENS10N

Retail long positions are growing, a sign of bearishness coming into play. Many overhead resistance levels at this zone preventing price from pushing higher. Strong downtrend intact, with price slowly forming higher lows and lower lows. The next big move downwards should be coming soon. USDJPY Short Entry is valid as long as price is below 104.70 Entry:...

ASCENS10N

Price is in an untapped liquidity zone since 2018, with bearish signs showing up. This area could be a level where the market makers take profit on their Euro longs. We need price to break below the supply zone before we take a short position. EURUSD Short Entry is valid as long as price is below 1.2070 Entry: Sell Stop 1.2070 SL: 1.2185 TP: 1.1860

ASCENS10N Updated 

Overhead resistance held and we are seeing a bearish rejection. More downside to follow. EURCHF Short Entry is valid as long as price is below 1.0830 Entry: 1.08.20 SL: 1.0875 TP: 1.0715

ASCENS10N

Price has hit the top of the long term downtrend channel. We can expect a bearish continuation for the next few weeks/months. EURJPY Short Entry is valid as long as price is below 126.60 Entry: 126.35 SL: 128.40 TP: 119.40

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We are still in the bigger term downtrend, with a shorter term uptrend showing signs of weakness. A trend shift is likely to occur this month. GBPJPY Short Entry is valid as long as price is below 139.70 Entry: 139.30 SL: 141.80 TP: 135.40

ASCENS10N

Waiting for signs of weakness to show up on this pair in this untapped liquidity zone. Once we see a break below this supply level, price will revisit the bottom of the channel again. NZDJPY Short Entry is valid as long as price is below 73.10 Entry: Sell Stop 73.05 SL: 74.10 (-105) TP: 69.85 (+320)

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Stop hunt today which took out many retail shorts. DXY at support zone and is showing signs of a bullish reversal. Expect a fall to the bottom of the upward channel NZDUSD Short Entry is valid as long as price is below 0.6930 Entry: 0.6920 SL: 0.6970 (-50) TP: 0.6800 (+120) TP2: 0.6710 (+210) Note that nothing herein shall constitute as investment advice....

ASCENS10N

Slight bullish structure with signs of support showing up. Expect a retracement towards the downtrend line. EURAUD Long Entry is valid as long as price is above 1.6215 Entry: 1.6220 SL: 1.6140 (-80) TP: 1.6315 (+95) Note that nothing herein shall constitute as investment advice. Trading in CFDs carry a high level of risk and losses can exceed deposits. Do your...

ASCENS10N

Recent stop hunt of the descending wedge pattern. Price has forced it's way back into the range. We can possibly see this pair drift further towards the 1.5320 region. EURCAD Short Entry is valid as long as price is below 1.5520 Entry: 1.5480 SL: 1.5590 (-110) TP: 1.5320 (+160) Note that nothing herein shall constitute as investment advice. Trading in CFDs...