Platinum Analysis & Trade Idea
Updated
Platinum has reached an important poi. Could be poised to take a fall.
It may take some time, as the USD has been weakened by slightly better inflation news, so we'll see.
The D1 momentum is bullish , currently, so waiting for confirmations for sells is the best course of action.
Look for bearish price action at current levels.
It may take some time, as the USD has been weakened by slightly better inflation news, so we'll see.
The D1 momentum is bullish , currently, so waiting for confirmations for sells is the best course of action.
Look for bearish price action at current levels.
Trade active
Your trade should be looking something like this:If you are in the sell, your stop loss should be at BE, a partial taken, and you should worry free.
Congrats to those that followed the trade!
Note
If you followed the trade, you should be rich now. LOL!
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