Channel trading on longer TF
Updated
Platinum has just rebounced from the channel floor last week. I am looking into the potential of going to the upper side of the channel and maybe higher if it breaks it. Though not the best entry, but trade is active. Good Risk/Reward Ratio. It would probably take the next few months to go up, if it will.
Bullish engulfing candle on daily and double bottom pattern on 4h.
Enjoy.
Bullish engulfing candle on daily and double bottom pattern on 4h.
Enjoy.
Trade active
Entered the trade, though not the best price setup. Probably will add up if it gives better price entries when going up.Trade active
Let's see if it lifts off now: daily, 4 h, 1 h and 5 min are in the buy zone looking at stockRSI. and 5min is starting to curve up :DTrade closed: stop reached
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