VIP_Trading_Technologies

VIP_Trading_Technologies

Hi Folks: First target achieved and bounce from the channel support. Let's see whether we bounce from there or we go the the next target. In my opinion there are chances to hit the bottom and retest the support trendline of the ascending channel (green line). Cheers ------------------------------------------------- Remember, if you liked this idea don't...

VIP_Trading_Technologies

Hi Folks: Target was achieved slightly earlier than expected. Congrats to all those who have followed the idea. Save the money and use it wisely :) Few more pips are on the table but this leftovers better not to jeopardize the good run. Let's see what comes next in this pair. Cheers ------------------------------------------------- Remember, if you liked...

VIP_Trading_Technologies

Hi Folks: Seems pretty clear that we are being attracted by the safe haven currency of the CHF and the support area (see black arrow). Nothing much to add at this point, just patience to reach a possible reversal area and in the meantime scalping some pips here and there. Cheers ------------------------------------------------- Remember, if you liked this...

VIP_Trading_Technologies

Hi Folks: Today was another wild session on USOIL with a heavy range, a gap up and a total rejection from the top on the daily candle. If you compare this movement from previous drops, specially when we went negative, you will see identical similarities. Based on that we could expect further correction until OPEC+ meeting at least. Rigs are increasing and SPR...

VIP_Trading_Technologies

Hi Folks: Ascending channel has been broken and therefore we could see a continuation of the downtrend to any of the two targets (purple arrows). Target was achieved and now it is all about finding the optimal spot for a possible reversal. Cheers. ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE ...

VIP_Trading_Technologies

Hi Folks: Here's my view on this pair. The descending channel drawn seems to be working good this time. As you can see, price movement is moving inside two descending channels, one much steeper than the other one. All this movements are moving inside a bigger ascending channel though, so it all points that we are heading to test the support trendline of the...

VIP_Trading_Technologies Updated 

Hi Folks: Time for a pause. Going long with a small position for fun after having locked in nice profits. Never is a good a idea to try to catch a falling knife but at this level it is worth to give it a try. We are approaching areas of important support but fundamentals crashed today and two days ago with SPR release. Next week OPEC+ meeting will send prices...

VIP_Trading_Technologies Updated 

Hi Folks: After 20% fall we have entered a bear market in USOIL and we are not far from it in BRENT. Price is currently sitting on the EMA 200 on the daily timeframe and failing to bounce it will continue its crash to next three supports shown in the chart (See purple arrows). 64.60 would be the most immediate support for bears, followed by 60.30, the critical...

VIP_Trading_Technologies Updated 

Hi Folks: When everything was looking ready for dumping gold, the OMICRON covid variant came in and it could send GOLD prices to fly again due to the uncertainty of the virus yet and the flash crash of the markets in the latest session. Some Middle East markets crashed today nearly -5%, so we could see a severe continuation or panic selling. I opened long...

VIP_Trading_Technologies Updated 

Hi Folks: I think that unless we close above the black resistance trendline we will not be able to confirm a reversal on this pair. With the strong rebound we could expect some continuation and hit both arrows (Targets). First one lays the EMA 200 on the daily so it will be quite interesting. STAY SAFE....

VIP_Trading_Technologies Updated 

Hi Folks: When an instument falls 20% it is considered that entered a bear market. If we add that we are trading off a couple of ascending channels and below the main EMA's, we should not hope for an immediate rebound. Today's session in the Middle Eastern markets shown another bloodbath of -5% so it seems that panic selling may continue worldwide due to Omicron...

VIP_Trading_Technologies Updated 

Hi Folks: Channel Support trendline hit. Will it bounce from here or continue falling? Always expect the unexpected. I'm trying some small longs here (greedy, hein? Yeah) Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.

VIP_Trading_Technologies

Hi Folks: We are now just hitting another support trendline of the descending channel. Will it hold here or will it crash to the pointy orange finger? Expect the unexpected ;) Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.

VIP_Trading_Technologies

Hi Folks: Here's my view on GOLD. For short term it is a buy but for long term it is a clear SELL. So be careful with your buying positions as you may get them hanging there for very long time. Today's we are having a nice crash and that's why gold is going up moderately following the ascending...

VIP_Trading_Technologies

Hi Folks: Here's my view on this pair. Euro seems to have been touched by a magic wand today and recovering against most pairs. Currently trading inside an ascending channel and testing the 200 EMA with a rejection from the top so far. No positions at the moment till we retest any of the edges. Cheers FX:EURAUD...

VIP_Trading_Technologies

Hi Folks: Euro has been held several times at the same support trendline. We are trading below most of the EMA's and therefore we are still on bear's hands. I am not recommending nor opening myself any position at the moment until we clear the air a bit more. At this point anything could happen but it is mostly bearish at the moment, so expecting a break out...

VIP_Trading_Technologies

Hi Folks: Oil is having a massive drop today and it was very good for bears. Target is almost achieved. Fundamentally speaking will continue to drop a bit more due to SPR release and new covid outbreaks worldwide with countries entering into lockdowns. Cheers TVC:UKOIL ------------------------------------------------- Remember, if you liked this idea don't...

VIP_Trading_Technologies

Hi Folks: Target achieved on this pair. I think it will continue falling massively in the coming days but in the meantime let's enjoy this great drop. Cheers. ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.