PLATINUM - Our 4 take profit levelsOur chart with 4 take profit levels, based on our fundamental and techical prognosis
Platinumlong
Platinum - FXPROFESSOR 101 ↗️Hi boys and girls,
ladies and gentlemen,
traders and gamblers,
investors and speculators of the world 🌐
This is my first post for a traditional asset in 2021 so let's make it a GREAT one
In this simple video I explain why Platinum is a good buy, still at a great time to buy.
Keep in touch for more, share your love, click on the like button and leave a comment.
ps. Friday is a HUGE day, feel free to contact me for info
The Platinum bull market has begun...REPOSTApologies, the previous idea came out weird.
As can be seen a downward pointing wedge has been formed from 12 years of price action. In the last month the platinum price has broken out. Large patterns usually have large movements, when they're broken and I expect the price to march higher.
The Platinum bull market has begun.As can be seen a downward pointing wedge has been formed from 12 years of price action. In the last month the platinum price has broken out. Large patterns usually have large movements, when they're broken and I expect the price to march higher.
Platinum- 1200 on medium term?November was quite a month for Platinum with the price rising 30%, but most importantly with a significant break above 1000 psychological and technical resistance, a resistance that held since 1017.
At this point, the price is in a normal and necessary correction, and confirmation of 1k as new support would bring bulls into the market and the price can rise to the next important zone at 1200.
Buying at 1010-1020 zone could be a great trade for the medium-term and only a drop under 950 would change this bullish outlook
Platinum Playing Catch Up?Looking at the Platinum monthly chart, we see a very large pattern has formed. This is a long term analysis, but judging from the current economic conditions and the fact that the FED will continue to print money and devalue fiat currency, the metals market will likely see slow steady growth over the next few years. Platinum is looking very strong, a break of the downtrend could trigger a large thrust up and be the start of the platinum bull market. Fingers crossed, happy trading to you all.
Stay calm, patient, and level headed.
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 Palladium Ratio has Bottomed. Platinum bull market will look to begin in the next 6-8 months based on past performane when this ratio breaks higher from a bullish downward pointing wedge. Once this occurs a platinum bull market usually follows. Watch with anticipation and it would be prudent to prepare for some platinum purchases in the next few months.
Platinum looks like it's trading in a long term bull flag. I find it hard to believe this pattern is a descending triangle, we've just seen the dark blue baseline of the pattern hold support, considering the Macro environment I'm expecting this pattern to finish with a bullish outcome.
The RSI is slowly starting to create a Macro higher high, if we see the RSI continue to creep above the blue line we will see some strong price action to the upside, potentially parabolically given how other metals like gold, silver & palladium have been trading recently.
The DPO is closing above 0 for the first time since roughly 2012, we have seen the DPO touch 0 multiple times over the years but the DPO has never really closed above it since 2010 until more recently, very interestingly bullish.
It's always possible this pattern plays out bearishly, nobody knows for sure, safe trading.
Platinum --> Metal Slug 🦐Recently all the metal markets drove by the upmove of gold has risen and created new highs.
Platinum created recently on the daily chart a bull flag.
During this week the market broke the flag and broke the resistance structure.
According with our strategy we can look for a nice long order.
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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.
There is possibility for the beginning of an up trend in XPTUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (797.31). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Platinum/ USDollar is in a range bound and the beginning of uptrend is expected.
. The ascending flag taking shape suggests we will soon see another leg higher.
. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 50.
Take Profits:
TP1= @ 837.90
TP2= @ 863.15
TP3= @ 894.75
TP4= @ 957.25
TP5= @ 1029.55
TP6= @ 1089.20
TP7= @ 1194.50
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ForecastCity English Support Team ❤️
Platinum powerful buy signalsPlatinum, monthly chart: 11 years long(!) support zone + Triple divergence + Morning Star
Trading plan for Platinum- Move Up - Long Strategy- PL1The market goes up but a major resistance could limit the rise
And don ‘t forget to take your profits…
PLATINUM (USD) Monthly, Weekly & DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
PLATINUM (USD) Monthly, Weekly & DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
JSE 30-Day challenge: Day #2 NHM2nd Day.
I have the idea to start some high-risk/high return game. The main object to post one idea per each day for 30 days in a row.
Goals:
1. Buy stocks every day.
2. Keep balance at least of ZAR150.000 on 20 June
2. At least 30% of picked up stocks need to hit 25% profit gain.
Rules:
Only JSE stock exchange.
The initial budget is ZAR300.000
Limit per one trade from ZAR5.000 to ZAR10.000
Spend no more than 1 hour per day to buy any stock and publish the idea.
Last day to buy stocks - 20 May
Last day to sell stocks - 20 June
Log:
1st day is JSE:MCG ~9100
2nd day is JSE:NHM ~8325
PLAATINUM technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support
📌Why DepaDigitalTrading:
*Analysis based on my program and tactic readings
*Fundamental side in analysis
*Price action - FIBO - Candl pattern
*FX - STOCK - CRYPTO
*Day trader - Swing trader - Position trader - "Sniper"
*Simple ideas
💡 PLATINUM technicaly based idea, technicaly indicators showing we can expect higher push up in price, expecting to see push in price till FIBO 0.6.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
PLATINUM FUTURES (PL1!) DailyDates in the future with the greatest probability for a price high or price low
PLATINUM FUTURES (PL1!) WeeklyDates in the future with the greatest probability for a price high or price low
PLATINUM FUTURES (PL1!) MonthlyDates in the future with the greatest probability for a price high or price low
