Platinum Trading range for long and short opportunities
Platinum is a highly traded commodity known for its volatility and cyclical price movements. By combining short-term Bollinger Bands with medium-to-long-term trendlines, traders can better identify profitable entry and exit points. In this analysis, we’ll break down the provided chart to highlight key trading opportunities for Platinum.
Chart Overview: Key Components
Chart Overview: Key Components
- Bollinger Bands: Short-term indicators of price volatility and overbought/oversold conditions.
- Support Trendline: Indicates long-term price support zones for buy opportunities.
- Resistance Trendline: Marks upper resistance zones for potential sell signals.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.