VIP_Trading_Technologies

VIP_Trading_Technologies

We were trading inside an ascending channel and today's massive move provoked a break out, therefore we need to consider a bearish scenario. Bears will push prices down to 37k area while bulls will need to get ASAP inside the channel and try to reach 45K quickly. Today's volume was higher than the average of normal session, that is quite a relevant factor to...

VIP_Trading_Technologies

There are some chances to have a HS pattern, currently completing the right shoulder. But there is as well another inverted HS pattern that I am following that would lead to my target 1.2957, a triple top. As long as we remain in the ascending channel, look no further and follow the trend.

VIP_Trading_Technologies

Target achieved. It all points to hit 148.52 support. Will be the third attempt. If the HS pattern works the way it should we will see a continuation of a downtrend. Cheers

VIP_Trading_Technologies

Oil fundamentals are worsening with weak demand due to the lunatic OPEC policy of send prices too high and therefore USA, Canada and other are adding rigs online and pumping like there was no tomorrow. Inflation is getting so wild and will affect every single item on our daily lives. Technically we should continue falling towards 67 level or below. Let's see...

VIP_Trading_Technologies

We stopped right after hitting the previous ascending channel that was broken a while ago. Target remains unchanged to 1.985+ We should reach the target within next week. Cheers

VIP_Trading_Technologies

After hitting 1.67 price pulled back quite strong leaving a candle with an important rejection from the top. As long as we do not go below 1.66 we could resume the uptrend but to be honest, all this movements are driving me impatient and cautious at the same time. Perhaps I am wrong and price need to hit the next support prior to reverse uptrend. I will...

VIP_Trading_Technologies

Bitcoin has stabilised after previous red candle that brought very high volatility on the crypto two weeks ago. As long as we remain inside the current ascending channel, look no further and just follow the trend. Cheers.

VIP_Trading_Technologies

Spotted a possible inverted HS pattern with bullish outcome even though I am bearish for long term positions. Current post pandemics remains fragile and that's why gold stands in this range 1800 to 1700. Based on that I think we could go up again to test the 1800 area. After the ATH at 2070+ I expect to hit a whopping All time low, that's what markets usually...

VIP_Trading_Technologies

After hitting 73 and going down back to 71 on the two previous sessions makes me think that we have already started a pullback towards the circle target at 67ish, like the previous times. Would it be different this time? My long term target remains unchanged but in the meantime we have many chances that the bear leg started even though a revisit to 74 was highly...

VIP_Trading_Technologies

It took a month or so to reach the target price but NAILED IT again. Resistance trendline would be now the area to watch out. A break out would mean adding further longs for a nice long term rally uptrend. Cheers.

VIP_Trading_Technologies

We are currently in a very critical area with plenty of resistances, specially the black long term trendline that comes from all time high. After hitting the first pullback target at 32.2 I was expecting a minor push from the USD followed by a further correction to 31.8 area or at least a retest of the previous bottom (32.2). Instead price broke 32.90 resistance...

VIP_Trading_Technologies

I am constantly opening longs below 1.66 and making profit while dumping my positions at 1.6620+ but I am not a scalper (I am a swing trader) and I am opening longs over and over again hoping to catch the "big kahuna". I remain bull on this pair.

VIP_Trading_Technologies

I am betting on the USD to strengthen against most pairs including the EUR and therefore I remain bearish and my target has not changed: 1.11ish (long term traders). After today's closing it looks like it will continue towards the next support at 1.1704.

VIP_Trading_Technologies

Today's candle shows clearly that we are reaching another level with lots of uncertainties. We opened and closed at the same price almost after a nice movement both ways. We have not gone any higher than previous candle so that could be a sign of exhaustion as well. Bulls are trying harder to hit 73.89 to 74.21 range, but many traders out there are starting to...

VIP_Trading_Technologies

After candles cross the resistance trendline several times but ended up below it, finally we have crossed and closed above it and above previous candles. We are definitely on the way to my target at 1.0985+. If you are following my charts and my calls and you had the chance to jump in at the 1.07ish level, hold the positions till we get the target. Manage your...

VIP_Trading_Technologies

We are very close to reach the area where other candles were stopped and pulled back. Massive resistance trendline from All time high very very close. Reversal seems round the corner. Cheers.

VIP_Trading_Technologies

current market opening and new lows make me cautious on this pair. Regardless of the oversold condition it looks like Euro is not ready to bounce hard from current levels. Fundamentally speaking it makes sense from the NZD point of view due to their data recently released on GDP, doubling expectations! I would not be surprised to see NZD hitting the next support...

VIP_Trading_Technologies

So far so good. Few more pips and bingo a new successful call.