PLATINUM moving higher 🦐PLATINUM on the daily chart broke the perfect descending channel tried to break above the 1060 resistance structure without success.
The price tested then the 0.382 Fibonacci level over a support and we can expect a new attempt of a break to the upside during this week.
According to Plancton's strategy if the price will break and close above we can set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Platinumlong
Cup and Handle May be formcup and handle is not a typical pattern but i see it a lot😎
. we have divergence
. volume might rise
. wyckoff is rising
Platinum Wyckoff analysis, Accumulation! 2150 TARGET!Platinum is in Phase D of an accumulation.
It breached a 13 year long trend that lasted from the all time highs in 2008 to the upside.
I'll be entering my long term trade around the 935/920 area.
The price is coming down to retest the long-term trend-line, and will be hitting 2150 according to my point and figure calculations.
Platinum is one of the most used metals in the electric car manufacturing industry, which supports the bullish bias, given the fact that huge oil companies are switching to environmentally friendly solutions.
If you like the idea consider liking it, following me, and supporting me.
Peace.
TrickleDown FX
Long on Impala PIatinum (IMPUY) - Quick Play 15, 16-ish to 20!After Impala Platinum Holding Ltd. has been held down all of these years, its time for the company to return to where it belongs... way, way up.
While I would love to talk about returning to all-time-highs of 40++, why not just get in while the market is at a low around the next resistance point of 15 or 16, and then ride it to at least 20 for a casual 20-25% gain.
Financials are healthy, so why not ride these guys out!
Once you have your 20-25% gain locked in at 20, I would even reconsider doubling down and seeing how many resistances it can break as we keep going higher!
How long will it take... let's talk about it!
Platinum Futures at a Crucial Threshold The price of Platinum is currently trading near a major make-it-or-break-it point, whose further development entails excellent trading opportunities.
On the one hand, the breakdown of the price below the lower boundary of the Flag and the 100-day MA (in blue) signifies a potential correction to the 38.2% Fibonacci retracement.
On the other, the Stochastic RSI suggests that the market is oversold. Given that the price is also consolidating above the 23.6% Fibonacci at present, bulls can use this as an indication that the market may have already bottomed out. Hence, they can look for an opportunity to enter long right away
PLATINUM bounces over the support 🦐After the attempt to break the recent highs Platinum started a descending movement inside a counter channel.
The price, which is moving inside a major ascending channel, reached the support area over the lower trendline.
According to Plancton's strategy if the conditions will be satisfied we will set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
PLATINUM moving higher 🦐PLATINUM on the 4h chart is moving between an ascending trendline and a daily resistance.
The market approached the daily structure and recently break above.
According to Plancton's strategy if the conditions will be satisfied we will set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
PLATINUM moving higher 🦐PLATINUM on the 4h chart is moving between an ascending trendline and a daily resistance.
The market is now approaching to the structure and according to Plancton's strategy if the price will break above we will set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Platinum - will rise If gold goes up.
I think platinum will rise as well.
What do you think?
Here's the analysis on gold.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
PLATINUM - monthly supportPreconditions:
- key level
- buy after break out
- locally uptrend
- global uptrend
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
PLG - Bull Flag OpportunityAs a continuation from my first post, we have such a great opportunity for a 150% gain in AMEX:PLG from where we are right now. TVC:PLATINUM has broken out of it's long-term resistance (shown here: ) and we are seeing capitulation within the precious metals sector. I don't expect us to stay here long! Don't miss out!
The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances.
Platinum - 2nd Target achieved ✔️✔️This was our FIRST VIDEO of the year , maybe watch it now if you haven't already. Trading 101 paid profits and dividends twice.
Now let's go for more - 2 target profits left: here
My friend Kaush says that:
It’s 8% away from its 20 ema
it’s pullbacks have been roughly 13%
in the past max it’s gone is 10% away from its 20 ema before doing a pullback
What does that mean? Well, it is basically a train going 300 miles per hour. Hard to get on it, happy to be on it. The secret is to buy the dips at the right price (that's why we share with you here).
what's next? #platinumlongterm 👈