sandroroeder

sandroroeder

Trendlines offer a broader perspective, helping identify larger price trends. On the chart, two primary trendlines emerge: Dashed Downtrend Line: Short-Term Resistance The dashed blue line, constructed from 1-hour candles over the past three months, has acted as a critical resistance in the short term. Recent price action indicates that the stock is struggling...

sandroroeder

Rising Wedge Dynamics: The chart shows a clear ascending channel, with the price respecting both the upper and lower trendlines over time. While the trend remains bullish within the channel, the narrowing distance between the trendlines suggests a loss of momentum, a hallmark of a rising wedge. This pattern is inherently bearish, as it signals that buyers...

sandroroeder

Platinum is a highly traded commodity known for its volatility and cyclical price movements. By combining short-term Bollinger Bands with medium-to-long-term trendlines, traders can better identify profitable entry and exit points. In this analysis, we’ll break down the provided chart to highlight key trading opportunities for Platinum. Chart Overview: Key...