Platinum Futures (Jul 2024)
Long
Updated

Advice on trading Platinum PL

59
PL is very volatile, by comparison with NQ it makes the NASDAQ look a little tame. Today I called for VWAP and we reached it, 1016.10 Then I called for long term support at 1022.4 we reached 1020. BUT beware a fast selloff.

Right now we are cimbing up from 1008, at 1012.20. I think we can easily get back up to VWAP and long term suipport.

Be sure you use a trailing stop loss to lock in profits! Don't let them take your hard earned profits.
Note
snapshot

Can we get bac k up on a 5th wave, targets VWAP 1016, long term support 1020? i think so
Note
5th wave high could be 1045
Note
1146

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