Trade Management
UK100 anyone? UK100 also an instrument we trade with the strategy....
TP hitting overnight on this one... +2% gain
GBP/USD: Is this the end? 👀The British Pound gained much value against the USD and rose all the way up to the yellow target area. That being so, we believe that the green wave 5 is completed. From here, the Pound should lose value again, bounce back and then move further down, as it is indicated in the chart. As long as we stay above $1.3483, we do not see any dangers for this scenario.
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0 to 100… Real Quick! ⚡Rumors about a potential run on silver surfaced some while ago on Reddit. At the end of last week, the run started and the silver price made a first jump on Thursday, followed by another sharp increase on Friday. Starting this week, we are experiencing another drastic increase in the price for silver, which also what we expected a long time ago. 😏
Now, it is important that the price does not fall below $28.10. In that case, we will see the price rising above $33. After reaching this mark, we can expect a corrective movement.
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Oldman Sachs 👴🏾Reddit, WallStreetBets, GameStop, Silver, Dogecoin, Shortselling, Twitter and so on. These key words are currently dominating the financial world. But what comes quickly, fades quickly, too. Let us not be distracted that there are thousands of well-managed and strongly positioned companies that await your investments. While many assets’ future already are gambles in themselves, there are some assets that have withstood time and will almost surely back you in retirement or pay off your children’s and grandchildren’s tuition fees. One of those assets is the Goldman Sachs stock. Currently declining, there might be a great opportunity opening up for an entry within the yellow box. Between $260.49 and $269.12, we expect a turnaround and a soaring Goldman. On its way up, it will surpass the marks of $281.90 and even $317,76, aiming for new peaks. It is important to note, however, that the price should not drop below $260.49, in order to keep the current scenario alive.
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Shining bright like a diamond? ♦️♦️♦️Yesterday’s GameStop phenomenon shook the markets, and the S&P500 took a hard hit, falling under the mark of 3750 points. However, we believe that this shock is short-lived, which means that we expect the S&P to rise again. Before we reach the critical resistance zone, which has been tested several times by the index over last couple of weeks, there is a 38% chance of a larger collapse all the way down below 3608 points. If the S&P500 can breach the resistance at 3868.9 points without collapsing, then we will experience a strong growth going forward.
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