Get started

XPTUSD

Platinum Update: Profit=128513 SL=19901 Reward/Risk > 6.5:1 Trade Setup summary: Profit targets=128513 pip (4059 + 6584 + 9744 + 15994 + 23224 + 29189 + 39719) Stop Loss =19901 pip Reward/Risk > 6.5: 1 Current Status: Total Profit: 122387 pip Closed trade(s): 20387 pip Profit Open trade(s): 51000 pip Profit Trade Setup: We opened 7 BUY trade(s) @ 805.00 based on 'previous Forecast' at 2020.07.06 : Closed Profit: TP1 @ 837.90 touched at 2020.07.22 with 4059 pip Profit. TP2 @ 863.15 touched at 2020.07.21 with 6584 pip Profit. TP3 @ 894.75 touched at 2020.07.06 with 9744 pip Profit. 4059 + 6584 + 9744 = 20387 Open Profit: Profit for one trade is 907.00(current price) - 805.00(open price) = 10200 pip 4 trade(s) still open, therefore total profit for open trade(s) is 10200 x 4 = 51000 pip Break-Even 805.00 Technical analysis: . Platinum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 70 . Trading suggestion: . There is still a possibility of temporary retracement to suggested support line (863.15) again. if so, traders can set orders based on Price Action and expect to reach short-term targets. Take Profits: TP4= @ 957.25 TP5= @ 1029.55 TP6= @ 1089.20 TP7= @ 1194.50 SL= Break below 837.90 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX_IDC:XPTUSDLong
by ForecastCity
16
XPT/USD 7/8/2020Welcome to this analysis of XPT/USD. Platinum has been in an uptrend since the capitulation low on the 19th of March. Price rallied from 565$ to 860$ but on 21st of May but it faced some resistance there and went sideways for over a month. Looking at the consolidation it looks like the price has made a falling channel Bull flag that got activated yesterday by a break and close above 837$. The target of the Bull flag is around 975$ as long as it stays above 800$. There are a few levels of resistance between the current price and the target, which are the previous high at 861$, followed by an order block around 910$ which is an equilibrium of a range as well and the 954$ level. This trade idea has almost 4 rewards to risk ratio. Good luck trading.
OANDA:XPTUSDLong
by Trader_Shayan
4
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 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX_IDC:XPTUSDLong
by ForecastCity
12
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 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
FX_IDC:XPTUSDLong
by ForecastCity
30
US Markets Go Up, Gold & PM’s Loose Strength, Mixed Up WorldSeems S&P and Dow stole the precious metals energy this week… Just a quick update to see Gold falter here with a possible break of the inner lows trend line from the previous low. Silver and Platinum are in a slightly different position whilst sharing similar structure and the inner highs trend line dictating some resistance. End of week may condense through to an Apex situation or a test of there respective inner lows trend line. Without further analysis for a more in-depth overview . Gold fails here, at this level to fall, XAG and XPT will tag a long for a look over the edge. XAU: XAG: XPT:
OANDA:XAUUSD
by LandenInternational
Platinum To Break Above Consolidation This WeekPlatinum Overview Good ol’ XPT closed the week higher. If P action at Mondays open can push P action above this consolidation platinum could have a good week in the green. A hold above this and a follow of the likes of Gold and Silver could see price reach $880 within the next 2 weeks. If American markets fall, will look to see the precious metals take a slight dip also, however will not fall with as much volatility. Area of Interest Focusing more on the internals and TA on the charts Platinum must hold the trend line from the lows, break through the inner high trend line freeing itself from the grasps of the last 2 weeks consolidation area. 820 will see some considerable resistance that bulls will have to fight to get higher. 📈Support & Resistance📉* Support Levels 1st Support Zone: 755.484 2nd Support Zone: 713.468 3rd Support Zone: 682.747 Resistance Levels: 1st Resistance Zone: 799.035 2nd Resistance Zone: 818.817 3rd Resistance Zone: 863.278 Price Level Consideration All Time High Half Way Point: 1151.080 Prominent High: 1020.971 Prominent Low: 563.635 🐃 Bulls Verse Bears 🐻 🐃 Bullish above: 918.377 🐻 Bearish below: BEARISH at the moment Monthly & Weekly Opens Monthly Open:776.026 Weekly Open: 771.095
OANDA:XPTUSD
by LandenInternational