VIP_Trading_Technologies

VIP_Trading_Technologies

Approaching to an interesting area of rebound at 1.20760. Currently trading below EMA's on Weekly timeframe. Hope this chart helps you out with your trades.

VIP_Trading_Technologies Updated 

We are approaching the strong long support trendline of the current ascending channel and furthermore we just tested the EMA 200 on the daily timeframe. Current levels offer a good risk reward ratio IMHO. Mid term target remains in place unless we start developping candles of the channel edges. The idea is mine but the money is yours, so take into account that...

VIP_Trading_Technologies Updated 

Will the current descending channel hold the price action? Will it break above and remain inside the smaller ascending channel? It is up to you, my buying areas and selling area remain unchanged (sell above 66, buy below 54). 55% chances of pulling back from current levels and 45% of continuation to 64.10. All the best whichever trade you take.

VIP_Trading_Technologies Updated 

We were in a boring range and seems that it started to move lower. Currently trading in between main EMA's and opposite direction channels. I remain bearish and adding positions based on the channel ranges. Cheers

VIP_Trading_Technologies Updated 

Current candle is bullish so at the moment of writing looks like we could keep going up BUT we are on a very important fight with EMA 200. I'm taking my positions based on this two possible scenarios.

VIP_Trading_Technologies Updated 

Same view as yesterday.

VIP_Trading_Technologies Updated 

Share your thoughts. Here you are mine for your consideration. Long term BUY, short term SELL till EMA (purple line).

VIP_Trading_Technologies Updated 

Two possibilities, pick one. New highs or correction to mid 30k's

VIP_Trading_Technologies Updated 

After the rally it looks like shorting at current levels could bring good profit. There's still some room up but I trust the resistance trendline since the previous highs will prevail. Otherwise we will have a new scenario. We could be on the verge to start another part of an inverted HS pattern, that could send EUR much higher. I remain bearish on EUR USD and...

VIP_Trading_Technologies Updated 

Dear fellow trader: If you are reading these lines then you might be interested in this pair, so then this idea of a potential Head and Shoulder pattern on the daily timeframe could be of your interest should you have not spotted it yet. Currently developping the right shoulder. My target remains identical unless we close well above previous highs and living...

VIP_Trading_Technologies

Potential buying area with promising returns in sight. 15 % chances of retesting previous lows. Overall seems to have a good risk reward ratio at current level. On the weekly timeframe we are trading below EMA's and therefore we should be careful for further declines BUT after the long correction since 102 area I trust this diagonal triple bottom...

VIP_Trading_Technologies

Potential SELL area. I would close or hedge any long positions and jump in after the correction for a trend continuation upwards.

VIP_Trading_Technologies Updated 

An anamorphic HS pattern that could be in play. Just sharing this idea for your consideration.

VIP_Trading_Technologies Updated 

Current technicals and fundamentals are looking bearish to me. I'm only opening positions above 66 (short) or below 54 (long). In noman's land I'm just holding my positions till the next swing area.

VIP_Trading_Technologies

Adjusted the channels and voilà, it bounced at the support trendline. Time to buy USD.

VIP_Trading_Technologies Updated 

We had to decide between 66 or 59. Very interesting because we are nearly there. Seems price is going to POC area and we will see if support trendline holds for new highs or keeps falling towards 54 area.

VIP_Trading_Technologies

Nothing has changed in my view. Let's see if there's a ceiling at that area. All the best and remember that shorting indexes is not worth unless you are a lucky one or a big fat finger (Huge Hedge fund manager moving markets). Cheers

VIP_Trading_Technologies

Very interesting area. Approaching possible resistance on the upside. I would personally wait to hit the trendline resistance and short once there. Could be forming an inverted HS pattern that could send EUR to test previous high and/or beyond. Alternatively it could start correcting to POC area (purple line) where there was plenty of action. Trade wisely on the...