XPT/ USD "PLATINUM" Metals Market Heist PlanHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XPT/ USD "PLATINUM" Metals Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Platinumdollar
Decoding Market Trends: Platinum's Dance with AI-Predicted ShiftDear Esteemed TV Members,
P latinum has been swaying within a bearish trend. However, insights from Support Vector Machines (SVMs) applied to daily candles suggest a potential weakening of this bearish momentum. This predictive analysis, coupled with a possible rising channel pattern on the Relative Strength Index (RSI), indicates that the bearish trend might be approaching its conclusion, paving the way for a potential shift towards a bullish scenario.
S VMs, a formidable machine learning algorithm, serve a dual purpose in classification and regression tasks. In market analysis, SVMs are invaluable for identifying candlestick patterns, forecasting price momentum, and pinpointing crucial support and resistance levels. As per my SVMs, Platinum's price seems to be on the verge of entering a support zone, marked by the blue rectangle on the chart. This support zone could act as a catalyst, drawing in sufficient demand to instigate a reversal of the trend into a bullish trajectory.
V isualizing this potential scenario, I've outlined it with blue arrows and proposed a long position in the chart. However, a word of caution: Should Platinum experience a downturn below the outlined demand zone (as indicated by the purple forecast), it would be prudent to steer clear of the long position. In such a scenario, an alternative bullish outlook may emerge, capitalizing on Platinum's oversold conditions—a phenomenon observed previously on March 19, 2020, and a possibility hinted at in the alternative blue forecast.
Happy Trading!
A crucial disclaimer accompanies this insight: This is not investment advice, and the responsibility for trading decisions rests solely with the individual. It's imperative to conduct thorough research, exercise caution, and embrace effective risk management strategies.
Best regards,
Ely
Platinum Update: Profit=128513 SL=19901 Reward/Risk > 6.5:1 Trade Setup summary:
Profit targets=128513 pip (4059 + 6584 + 9744 + 15994 + 23224 + 29189 + 39719)
Stop Loss =19901 pip
Reward/Risk > 6.5: 1
Current Status:
Total Profit: 122387 pip
Closed trade(s): 20387 pip Profit
Open trade(s): 51000 pip Profit
Trade Setup:
We opened 7 BUY trade(s) @ 805.00 based on 'previous Forecast' at 2020.07.06 :
Closed Profit:
TP1 @ 837.90 touched at 2020.07.22 with 4059 pip Profit.
TP2 @ 863.15 touched at 2020.07.21 with 6584 pip Profit.
TP3 @ 894.75 touched at 2020.07.06 with 9744 pip Profit.
4059 + 6584 + 9744 = 20387
Open Profit:
Profit for one trade is 907.00(current price) - 805.00(open price) = 10200 pip
4 trade(s) still open, therefore total profit for open trade(s) is 10200 x 4 = 51000 pip
Break-Even 805.00
Technical analysis:
. Platinum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 70 .
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support line (863.15) again. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Take Profits:
TP4= @ 957.25
TP5= @ 1029.55
TP6= @ 1089.20
TP7= @ 1194.50
SL= Break below 837.90
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