Is there any shine left on Platinum?Platinum is looking extremely bullish to me. 1700 could be the next target after a breakout here.
Platinum
$XPTUSD - Bearish bat on Platinum chartHi guys! 👋🏻
🔔 Harmonic pattern to watch - Bearish Bat 🦇
🔔 Posted for educational purposes, not to be considered as an investment advice.
🔔 Trade with caution today as both EU and US CB Chairman will be speaking, expect volatility.
✊🏻 Good luck with your trades! ✊🏻
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platinum is about to fly The upward wave has begun. This wave could be wave 4 of the double-dip wave, which will be the target of $ 1,800, or it could be wave 3 of the main wave, which will reach the target of $ 3,500 in the long run.
Platinum: Something To start...Hi Guys,
it struck me the other day how similar these movements are. Then I discovered that Platinum has a very important industrial link with Oil Refining.
Platinum is used in the processes known as reforming and isomerisation, which create the higher octane components for gasoline. Platinum is key to the production of gasoline - without it, refineries would not be able to produce enough gasoline to meet current requirements.
Can this be the explanation for their similaritis? How can such behavior be studied in the long-short and medium term?
Please share your views and comments below.
Thank you for your support and for sharing your ideas.
Cozzamara
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumstances.
Platinum towards the topLet me present my idea, it looks like Platinum has touched the 61.8% Fibonacci retracement level at the price 953.066, and we hope to go to the first price direction in the 982.739 range at the 161.8% level, and the second price at the 999.925 range at the 261.8% level, but I personally prefer to set the profit point at the first price range. If the movement breaks below the price 953.066, it is likely to go short.
Reversing Short to Long at: 941.3Ingenuity Trading Model- Swing Trading Algorithm used in- Stock, Forex, Futures, and Crypto markets
The model is a Geometric Markov Model :
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For more information feel free to contact me via private chat
Sell Signal: 930.7Ingenuity Trading Model- Swing Trading Algorithm used in all markets- Stocks, Forex, Futures, and Crypto
The model is a Geometric Markov Model :
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For more information visit our website
XPTUSD Price ForecastPlatinum to go up a bit
What do you think? Let me know in the comments
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PLATINUM: MASSIVE MULTI YEAR BULLISH TRIANGLE 🚀A massive triangle has been forming on the weekly Platinum chart.
Best is to wait until the weekly candle has broken through the 2020 highs with sufficient force. The riskier trade would be to wait for and entry around $750. In case the $750 resistance doesn’t hold, look for an entry around the 2020 lows.
Targets 1-4 are based on previous highs throughout the years.
Safest bet would be to ride the trend from $1100 to $1500.
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Long on AMSJSE:AMS is showing signs for a possible long position using the momentum trend-following strategy. The bullish engulfing that formed on the 6th of October confirms this.
Platinum Elliot Wave Setupprice already made good correction just comes to table and amazed me.
what a perfect pattern it is absolutely amazing
we are coming down for the C wave from their new journey will start
XPTUSD sell the breakdownBearish set of Platinum against the dollar.
Look for new lows.
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XPTUSD Entry 937.512 Exit 1007.768 | PlatinumXPTUSD Entry 937.512 Exit 1007.768 (Parallel Channel) (Platinum)
Platinum Head and shoulder neckline break? 🦐Market currently breaking the neckline for a bullish move.
Next level 850 area.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Symmetrical triangle - waiting for directionPlatinum is forming a symmetrical triangle. Currently has formed some support at $900 and resistance at $960. A close above $960 will trigger the long with target at $1100 while a close below R900 will trigger the short idea with target at $800 and back to it's previous range.
