PLATINUM trade ideas
Consistent gains being achieved in the XPT range.Price equiblibrium continues in XPT and has provided us with many solid wins over the course of the last several weeks.
We expect this momentum to continue with one of two things taking place this afternoon.
Looking for a breakout and retest of the range median for a continuation to the range ceiling or alternatively a rejection of the median zone, retest of the bear anchor point and then a run down to the range floor.
Either way, price is at a decision point and its time yet again to get ready.
Platinum Symmetrical Triangle Pattern Can Push Price Above 1080Platinum corrections is taking the form of symmetrical triangle pattern and price has just broken out of the triangle. There is a high probability for price to rally to 1080 and above...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
Platinum $ spot: 200-day acting as major resistance?Below $1030 supports a bearish trend direction.
Downside price momentum supports the bearish trend.
The price action close to the upper range of the linear regression channel pattern also increases the likelihood of a correction.
RSI leaves enough room for further downside price potential.
MACD bearish crossover also applicable.
Platinum Still Undervalued - Bullish PatternLong term chart looks very bullish for platinum. The recent break of a long-term downtrend with a successful retest and potential double bottom right above the 62 fib.
if double bottom plays out, short term target 1,300$
long term certainly several thousand
Platinum in battle with 200 MA
XPTUSD is making its 5th attempt at the 200 moving average in 10 days.
Double bottom could also be forming but it needs to push past the 200 for the bulls and its not proving easy. Selling pressure seems ever present.
Platinum about to end 19 years of silver under-performance Platinum about to end 19 years of silver under-performance
Platinum: Ready For More Bullish Price Action ? Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice.
XPTUSD Short Scalp XPTUSD Short Scalp. I actually dislike this set up very much, but a signal is a signal. 100X leverage short. TPs on the chart. I won't be taking this trade.
PLATINUMHi traders:platinum have a possibility to go down ,as the you see in the structure double top + continuation entry to down sell.
XPTUSD - PLATINUM - SHORTOn HTF the price has hit the top of the canal, where it formed a double top. After the consolidation and the formation of a flag, it's noticeable that the head of a Head and shoulder pattern has been formed.
We are now waiting for the breaking of the flag to go short until the formation of the second shoulder and eventually until the bottom of the canal.
Road map for 5500$ platinum in Q1 2030How do you like your platinum served at a sizzling 5500$?
Red hot!
XPTUSD PLATINUM LONG TRADE SETUPAll information provided in the video. All important levels given.
Thank you and happy holidays
Ichimoku:XPTUSD There is a trumpet shape near the strong supportIchimoku:XPTUSD There is a trumpet shape near the strong support
If you refer to my strategy, please control the possible loss of a single transaction at 1-2%! No matter how accurate, trading is a multi-party game many times a day! If you have a big position, there will always be a wave of wrong market burying your account
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Strong support In general we are on the downward trend. The question is whether this is now a consolidation and the trend will continue, or whether there will be a breakout.
Platinum| Bullish Reversal Impulse Entry :)Dumelang Everyone :)
If price pushes up and breaks out I'll be looking for the continuation after the breakout or If price pushes down 1st I'll wait for the first bullish flag after the bullish reversal impulse.
** Dumelang (Hello in Tswana one of SA official languages')
