Wells Fargo, once the worlds largest bank, by market capitalisation, has entered into my short zone.
The bank has been in turmoil in the last couple of years with numerous lawsuits for fraud and unethical practice but the share price has not corrected from this news (As Warren Buffet was the largest shareholder).
However, the markets have finally started to...
AMAZING BUY OPPORTUNITY RIGHT NOW.
Price is at its lowest since Jul 17.
Looking at historic data, we will aim to gain 107% by Aug 2020.
However, this is a very risky trade where SL is at 22%.
If price falls, accumulate XRP during the fall.
XAU Buy ideal entry point.
Looking at the previous financial crisis (2008- 2009) where XAU corrected by 30%, which then initiated the bull run.
I believe the same situation is likely in this scenario, however with XAU having an 18% correction.
XAU is overall bullish, but this outlook is on the belief the markets with correct. With the coronavirus situation and...
SP500, after many years of Quantitive Easing by the US FED and the unsustainable economic model, the markets have finally caught up.
We will see a stock correction of around 60%, with 27% of the market already making a correction. The price has retraced to 2711, making it an ideal entry for those who have not yet entered the trade.
Significant resistance line on the weekly timeframe.
ROI at least 200%, if we look at historical data it should take us 20 days to get to this stage, or it could take up to 250 days.
This is a long term investment, only risk what you could afford to lose.
The risk to Reward ratio is very low. Perfect entry!
Quick 10min analysis using pure price action.
No indicators were used to confirm best entry and TP, so make sure you do your own analysis for best target points
More description available on the chart.
Bitcoin is set to break its previous highs.
I have listed 3 ways in which I predict the market will go in the next few days
I would not be surprised if Bitcoin hits the £4,500 mark this week
My analysis is based solely on price action and previous trends in the market
Strong price action indicates that the bitcoin will rise. I have two forecasts, the first one (dark blue) will follow past price movement and will rise gradually. The second one (turquoise), the price will rise, hit a moment of resistance before find momentum to rise again