PLATINUM - LONG
Updated
Platinum is approaching a 1.68 ext and a double bottom.
Time to begin looking for a long.....
Time to begin looking for a long.....
Comment
Here is our first attmpt at the LONG...Comment
Stop below the 1.272 extComment
Platinum has held it's own and we are in profit. As with silver and gold the daily reversed however not as aggressive in this case as we can keep the trade alive and monitor closely. Put your alerts on....Comment
I believe Gold and Silver is going lower before it finds buyers. If this is so Platinum would normally follow suit...Monitor this market carefully... we may need to get out.
If it does continue to fall look for a bear flag and a double bottom before we look to go LONG again...
Comment
We get out with small profits now. Look for the next opportunity.Comment
Perhaps we made a mistake and got out too early, being spooked out of the market!Having said that we did not lose money and we are on the right side of the market.
The rest is dealing with our psychology....
Comment
Well we found the right location.One thing to keep in mind now. If this thing reverses there is now support back down!
If you stayed in the trade take your money and run!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.