VIP_Trading_Technologies

VIP_Trading_Technologies

Hi Folks: Here's a weekly overview of the USOIL - WTI for your consideration. I have to admit that I am very surprised of such bull move that in my humble opinion is not justified at all with the current fundamentals, but I am most certainly wrong as the market is going in the opposite direction and therefore there is more money flowing that way rather than in...

VIP_Trading_Technologies

Hi Folks: Here's my view on this pair after a 4 weeks in a row uptrend. STAY SAFE. 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: Apparently I am weighing fundamentals differently than big players and that's why I have been wrong in this tremendous uptrend. We are currently trading above main EMA's and therefore we are still on bull's hands but does it make sense with all these Omicron lockdowns in China, Europe, USA, etc? Some of the airplanes, trains, ferries, etc are empty,...

VIP_Trading_Technologies

Hi Folks: Here's my self explanatory view on GOLD. I am holding shorts and following the current descending channel. I am bearish at the moment due to the rate hikes in the US, possible 4 rate hikes. In the event of a break out the next two trendline will be the next resistance to consider. I have spotted as well a possible HS pattern, currently a right...

VIP_Trading_Technologies

Hi Folks: Once again we have hit 2 important resistance on today's session: previous high and ascending channel upper trendline. I believe shorts will take control from here after the release of bearish API data. I remain bearish in the short time, and bullish in the long term. Kazakhstan conflict seems to be calming, Lybia and Nigeria output restored, Omicron...

VIP_Trading_Technologies

Hi Folks: I am updating this idea on GBP USD. So far it has broken a resistance and probably the descending channel from June till now. There is another descending channel as well to take into consideration. Current uptrend movement has been slightly above the average swing range so my guess is that we are not far from a correction or reversal. I will consider...

VIP_Trading_Technologies

Hi Folks: Target at the resistance trendline of the channel is just pips away. We should be hitting it during this week hopefully. Afterwards some pause and see whether it goes slightly higher or reverses in any of the three resistance found there. STAY SAFE. Cheers ------------------------------------------------- Remember, if you liked this idea don't...

VIP_Trading_Technologies

Hi Folks: Here's an updated view on the USOIL WTI for your consideration. You can check my related explanation on the BRENT idea for further related info and thoughts. STAY SAFE. 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: A retest of the previous high may occur but after adjusting the channels and support and resistance lines I looks like a correction to 77.80 is on its way. Unrest in Kazakhstan together with some pipelines shut-ins in Lybia and Nigeria were sending prices higher after the effortless of OPEC+ of raising only the 400kbpd till the next month. We are...

VIP_Trading_Technologies

Hi Folks: Here's an updated view for your consideration. Weekly time frame shows quite a clear view. So far we are trading on a descending channel and we have broken another ascending channel at the same time. It seems clear to me that we are heading for a possible triple bottom at 0.82795 area and failing to hold it will plummet to 0.75ish STAY SAFE....

VIP_Trading_Technologies

Hi Folks: I do not trade Cryptos but here's my idea for you. Spotted a HS pattern with a bearish outcome though. In the event that we break the current ascending channel, we could see the HS pattern hitting the 20-17k area, otherwise longs for another leg up. STAY SAFE. Cheers. ------------------------------------------------- Remember, if you liked this...

VIP_Trading_Technologies

Hi Folks: After we broke the descending channel price has continued to go up. Currently we hit both the resistance trend channel and the previous hit resistance. Possible reversal is in sight, but failing to reverse it would probably hit the previous high so be very careful. I am sticking to my strategy and hold shorts and anything above the line will hedge...

VIP_Trading_Technologies Updated 

Hi Folks: Descending channel was finally broken upwards and almost hit the resistance trendline of the ascending channel drawn. FED comments seemed to scare oil bulls and price reverse from highs creating a doji-like candle with an important rejection from the top. At this point there is quite a lot of uncertainty but as I said in my previous USOIL idea I...

VIP_Trading_Technologies

Hi Folks: As stated in the previous idea, we were approaching the sell zone again and today we finally hit it and after FED comments I believe the descending channel will prevail. STAY SAFE. Cheers. ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue...

VIP_Trading_Technologies

Hi Folks: FED comments will have some important moves in the coming sessions and even it does apply to USD mainly I have decided to lock in profits and call this off for further signals. STAY SAFE. Cheers. ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to...

VIP_Trading_Technologies

Hi Folks: Just an update of this current idea that is working pretty good so far. We are approaching the resistance of the ascending channel though but FED comments today may help to hit the target in the coming sessions. STAY SAFE. Cheers. ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and ...

VIP_Trading_Technologies

Hi Folks: I never short indexes even though I am super tempted to do it as I see it very clear that market MUST correct after the insane rally. FED will start hiking rates as early as next month and they have planned 3 hikes for the year, that will help stocks to correct sharply to the next target at 29-26k. I will stick with my principle of not shorting...

VIP_Trading_Technologies

Hi Folks: Here's an updated view on this pair. It all points to hit the resistance trendline of the descending channel and/or the resistance of the previous high. As always, unless we break the respected channel, let's continue taking trades at the edges accordingly. STAY SAFE. Cheers ------------------------------------------------- Remember, if you liked...