XPTUSD trade ideas
Platinum in 4 Hour Chart. Platinum may be bottoming in a very short-term although it doesn't mean that this is the confirmed bottom as the Overall Trend Bias is Downtrend.
Short will be the bias on Resistance while Long will be the bias on 4Hour Support.
XPT USD SELL (PLATINUM - US DOLLAR)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
XPTUSD: Time ripe for a BULLISH reversal?The week opens with a strong Bearish move that set the low of the week. It thereby pull back and slowly make an assault for the week low again. But it never really come close to doing so. Late Thu, I notice sign of strength in a H4 bar. True enough, next day(Fri), price starts to trend higher and form value at the higher range of the day. On daily, you can see that as the price gets lower, volume also gets lower. This is an indication that the Bears interest has diminished. Fri Bullish close shows the indication of the Bulls to take control. I will be looking to go LONG on this pair with SL below Thu low and targeting the high of last week.
DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.
PLATINUM (US$ / OZ) MonthlyDates in the future with the greatest probability for a price high or price low
LONG PLATINUM! HIGH PROBABILITYOANDA:XPTUSD
HELLO GUYS , PLEASE LIKE THE IDEA AND COMMENT!!!
GOOD TRADING!!
XPTUSD - Just a idea...From watching this charts non stop my brain start making some patterns way upfront.
I guess it's time to step back from the computer :D
Have a nice weekend you all, take care
Platinum Long in viewPlatinum has been on a very long bearish correction since its last bullish move. Now we are back to where it all started. Expect a sharp bullish move away from the current low then wait for a correction that will signal that the bulls have taken over the market then trade with appropriate risk management.
XPTUSDBuying platinum in the long term looks very promising. The cost of platinum production is above $ 800. Platinum is a substitute for palladium in industry, the price of which is very high. It is also a precious metal. By the middle or end of the year, platinum should definitely begin to rise in price. After 1-2 years, we can see the price in the region of $ 1,500.
PLATINUM expecting higher bulish continuation
ENTRY: 902
TP: 915
TP2: 927
TP3: 940
SL: 880
Chart time frame - 1d
Time for reaching TP - 1-3D
Follow, Like, Share or Comment
Thanks on supporting!
All best!
xptusd is going long for a very long timexptusd started the move last week friday from daily ,weekly and monthly support .it give me more confident to go long because of the triangle patern...i wish u best of luck PEACE
XPTUSD Platinum OANDA:XPTUSD
Making inverted head and shoulders on weekly chart. Still early neck line still far but worth keeping in mind.
XPTUSD (Platinum) long entry TP 918usd.XPTUSD (Platinum) long entry TP 918usd. The analysis shows that platinum may turn north from its current level. This is because the D1ATR range seen in the white rectangle stopped at 50%. If you turn from this level (866usd), there may be a significant rise before moving. The D1ATR50% turning points always indicate a strong trend start.
XPT ShortVery fast short trade given in from the private telegram group. Very close to reaching stop loss, although, quick drop afterwards.
