PLATINUM trade ideas
PLATINUM BUY
XPTUSD ( PLATINUM)
BUY
ENTRY 860.00
TP 1: 880.00
TP 2: 900.00
TP 3: 950.00
STOP LOSS: 810.00
Out look for Platinum might be higher.Out look for Platinum is potentially higher if long-term trend-line continues to support prices.
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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Platinum $ spot: targeting $900?$900 is around the upper Bollinger band.
200-day acting as major support.
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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Platium daytrade targetSimple as title, OANDA:XPTUSD seems is being weaker, time for a shorthold ( long term )
Platinum to continue DownLast week I was looking for long opportunities in Platinum but never got the continuation. Very happy I did not take any trades as this commodity took a turn South in line with others.
We have broken back into the decending channel and will wait for a retest fo the upper limit to confirm resistance before taking trades to the next supply and demand zone.
See my link to previous Idea:
Disclaimer: I am still testing my strategies. Not all trades Ideas I post will result in live trades. They might be tested on demos accounts.
Please share your Ideas with me and I am always open to positive criticism.
Remember to use risk according to your appetite.
Thanks for Checking out this Idea.
Potential bottom in XPTUSD - Uprise to approx. 908 USDWhen 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 ;)
