Platinum / U.S. Dollar
Long
Updated

Potential bottom in XPTUSD - Uprise to approx. 908 USD

When regarding the VPVR of the last months in XPTUSD we can identify "magnets" of volume. If FibExt is applied to upper "VPVR-magnet" and recent highs, possible Fib-Targets exist AND one them is smaller VPVR-pole. Multiple timeframes showing that XPTUSD is over-selled!

Target could be 908, meanwhile Fib/KeyLevel-Targets could be 793 and 862.

SL: Directly beneath bottom eg. 825.

Would do think? Please share your ideas, don't hesitate to comment ;)
Trade closed manually
Stopped @850.0, markets forces pushed back too hard! Excpecting a rough reset!

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