Community
Blog
IBPipN's Blog

IBPipN's Blog

Avatar

GBP/USD Retracement Completing; Down Trend Continuation Expected

IBPipN Posted 3 Mar. as Analysis on GBP/USD, Target: 1.4895, Date: 1st of May, 12:00 GMT  in #Technical analysis #GBP/USD #Gbpusd #Down Trend #Ta Contest #Dc Contest
Good Day I hope this post finds you well and enjoying your day, hopefully in a profit positive way.
Today I will be giving you my analysis and recommendations for the medium term on the GBP/USD pair as I see some interesting developments here worth watching. Below I am going to give you a quick overview and then I will break it down for you.
Short term (1-3 days) : Look for some retracement up to around the 1.5450-1.5475 area. Market is currently at strong support area with Monthly Pivot Point a…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

7 Comments
View 2 more comments
IBPipN avatar
IBPipN 3 Mar.

IBPipN avatar
IBPipN 3 Mar.

above are the rest of my analysis text and the images that should have been included in the original post!!!!

IBPipN avatar
IBPipN 3 Mar.

Long Term: Our long term down trend remains intact and 2 SELL patterns in progress on the Daily and Weekly timeframe are currently in play. These also have a target around 1.5150-1.5180 areas.

As with any technical patterns the sentiment can be changed at any moment by the fundamentals and change market direction without warning. So please be careful when trading out there.

IBPipN avatar
IBPipN 3 Mar.

Below are my Charts detailing our forecast and then I will explain further.

4H Rt Shldr Image:
Scalpers may wish to try scalp buys here up to the 1.5450 area.
Daily Bearish Engulfing Pattern in Play:

IBPipN avatar
IBPipN 3 Mar.

Daily and Weekly Charts with Targets and support for our May 1-2 target of 1.4895 area.

orto leave comments
Avatar

Market Correction before resuming our downtrend on AUD/USD?

IBPipN Posted 13 Jan. as Analysis on AUD/USD, Target: 0.7800, Date: 2nd of March, 12:00 GMT  in #Technical analysis #AUD/USD
Hello I hope this post finds you well and enjoying your day. Today I have decided to post a technical analysis on the AUD/USD pair as it is at an interesting point.
I don't have a problem analyzing medium to long term targets in the markets but trying to pinpoint a price at a specific time, well thats totally different. I hope this contest will help me get better at that aspect.
That being said I am predicting the price to be around 0.7800 area. This price assumes that nothing drastic changes in…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

2 Comments
IBPipN avatar
IBPipN 2 Mar.

Interesting todays the day and we are right around the level I reported. I like that ;o) Cheers!!

VictoriaVika avatar
VictoriaVika 11 Mar.

Nice written, congrats.

orto leave comments
Avatar

Gold trend reversal coming?

IBPipN Posted 10 Jan. as Analysis on XAU/USD, Target: 1300.0000, Date: 2nd of March, 12:00 GMT  in #Technical analysis #XAU/USD
Good day I hope this message finds you well and enjoying your day. I have decided to submit an analysis on the Gold market because we are at an interesting cross roads with it.
After months in the making Fridays (jan.9/15) upside action has led to the completion of an Inverse Head & Shoulders pattern on the Daily chart. (see first figure below) This could be an early sign of sentiment changing and a reversal of the long term down trend we are currently in. Especially if this pattern holds until …
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

1 Comments
VictoriaVika avatar
VictoriaVika 11 Mar.

Good analusis, Mark!

orto leave comments