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...
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. 🟣...
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...
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...
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...
Preconditions: - 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...
As 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...
After breaking 1000 figure resistance and reconfirming it as support, Platinum was on the run with the price gaining more than 20%. Now the price is 1212 and the road is clear to 1300 next major resistance. Buy dips can be a good strategy and I expect 1100 to be strong support.
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...
Our chart with 4 take profit levels, based on our fundamental and techical prognosis
Hi boys and girls, ladies and gentlemen, traders and gamblers, investors and speculators of the world 🌐 This is my first post for a traditional asset in 2021 so let's make it a GREAT one In this simple video I explain why Platinum is a good buy, still at a great time to buy. Keep in touch for more, share your love, click on the like button and leave a...
Apologies, the previous idea came out weird. As can be seen a downward pointing wedge has been formed from 12 years of price action. In the last month the platinum price has broken out. Large patterns usually have large movements, when they're broken and I expect the price to march higher.
As can be seen a downward pointing wedge has been formed from 12 years of price action. In the last month the platinum price has broken out. Large patterns usually have large movements, when they're broken and I expect the price to march higher.
November was quite a month for Platinum with the price rising 30%, but most importantly with a significant break above 1000 psychological and technical resistance, a resistance that held since 1017. At this point, the price is in a normal and necessary correction, and confirmation of 1k as new support would bring bulls into the market and the price can rise to the...
Looking at the Platinum monthly chart, we see a very large pattern has formed. This is a long term analysis, but judging from the current economic conditions and the fact that the FED will continue to print money and devalue fiat currency, the metals market will likely see slow steady growth over the next few years. Platinum is looking very strong, a break of the...