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XPTUSD

Reversal at yearly pivot expectedAs you price stopped at yearly pivot - as I predicted in my previous BTCUSD post a few weeks ago. Its also classic 50 percent Fib correction if you measure. 200 EMA is also there. Previously it broke through yearly camarilla breakout level R4 and pulled back to R3 as often is the case with Camarilla before the breakout continues. We should see a bullish move (impulsive 1-5 Elliott wave cycle) from yearly pivot. CMF shows bullish institutional accumulation and pullback to 0 area. If price would start bearish trend below Camarilla R3 - then it is likely to drop last year's close or all the way Camarilla S3.
BITSTAMP:BTCUSDLong
by ICFX
Platinum - Consolidation / Price At Support LevelXPTUSD sitting at support level from recent consolidation. Also, back-testing descending trend-line from previous breakout. Resistance is up near $1960, offering a decent RR setup, depending on where on places their stop. One final consideration.... We're heading into seasonal strength. While there are many fundamental details to consider, I like the odds posted below and I don't mind being a few days early. ;) Platinum Futures Continuous Contract Seasonality Analysis has revealed that with a buy date of October 4 and a sell date of May 23, investors have benefited from a total return of 761.53% over the last 10 years. This scenario has shown positive results in 10 of those periods. www.equityclock.com Lonf from $930
OANDA:XPTUSDLong
by cccpKGB1
XPTUSD H1 12/09/2019Hello Traders! We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot. If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH? So SM must BUY LOWER and SELL HIGHER :) We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM. Here u will find a thought process to identify these spots on chart, where SM stuck with their orders. We want to play with SM so, we looking for entries (depending of direction) on HEC in 3 spots: - top of WICK - top/bottom of BODY candle - 50% of BODY candle CHARTS AGENDA: SM - SMART MONEY PA - PRICE ACTION HEC - HIGH ENERGETIC CANDLE (LAST OPPOSITE CANDLE BEFORE MOVE) <- SM MUST SELL TO BUY AND BUY TO SELL :) BITCOIN SIGN - MONEY POCKET (SL, BUY STOPS, SELL STOPS) - EQH - EQUAL HIGHS / EQL - EQUAL LOWS BLACK ARROWS ARE ABOVE AND BELOW THESE MONEY SPOTS POINTING FUTURE TARGET BLUE LINES - ENTRIES WITH SMART MONEY MITIGATION MOVE - SNIPER ENTRY FOR US BLACK LINES FOOT PRINTS - SPOTS ON CHART WHERE SMART MONEY SHOULD COME BACK TO GET OUT OF THEIR POSITIONS IN DRAWDOWN (SM MUST SELL TO BUY AND BUY TO SELL) - POTENCIAL SNIPER ENTRIES BLACK BOX - GAP's (IPA - INSUFFICIENT PRICE ACTION) - SPOTS ON CHART WHERE PRICE MOVED TOO FAST, AND LEFT SOME "WHOLES" IN PRICE ACTION WHERE ALGORITHMS WHAT TO COME BACK AND FILL IT BY "HEALTHY" PA. I'm so grateful to all of my Mentor's which I met on my trading journey for this knowledge, and cause of struggling few years to discover how the market really moves i decide to share it for free with all of u. My only goal with it is to Help all of u to have a breakthrough in your Trading Journey and obviously it will impact all your surroundings <- generate more time 4 u, more freedom and this will impact others. If u have any questions feel free to ask:) GOD BLESS U ALL!
OANDA:XPTUSDLong
by IMLimitless8
1
Platinum (XPTUSD): Lower Buy Opportunity.XPTUSD has been on a very strong rise in late August almost hitting the 1,020 - 1,045 1M Resistance Zone. Despite trading on bullish 1W technical values (RSI = 64.131, MACD = 26.660, Highs/Lows = 45.6178), the volatility itself is high enough (ATR = 41.0321) to justify a pull back to the 1D Support (890). This is where we expect Platinum to seek buyers as long as the 1W MA50 (blue line) provides support. Once this pull back is completed we will aim again for the 1,020 - 1,045 Resistance Zone. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
FX_IDC:XPTUSDShort
by InvestingScope
Platinum Looking to Join Gold / Silver RallyPlatinum looks like bulls have finally stepped in. It has been consolidating within a $150 range for over a year. The blue dashed line in a trend-line connected from the all time low in 2008. The Gold /Silver ratio recently started to reverse. This could indicate that gold is being perceived as "expensive" compared to related metals. I have no reason to think why platinum would be excluded from this class. There are a couple more resistance areas (marked on the chart), but we could see a decent run in once price breaks above these levels. I have a couple ratio charts that I will post along with my interpretation of what they are telling us. I will post the weekly chart in the comments just to show the potential upside if price returns to historical levels.
OANDA:XPTUSDLong
by cccpKGB1
2
Platinum Looks BADYou might be wondering where that channel came from. Well I looked at 40 years of historical platinum prices and that's the channel that is formed. So not only is XPT sitting on the support it has established for 15 years making a bear flag, it it is breaking it's supply/demand channel that it took 40 years to establish. Breaking this long term support and even longer term channel would be incredibly bearish for Platinum, especially as gold gears up for what looks like an epic run. Below 750 is the abyss. Fundamental Speculation: I don't do fundamentals usually but this might make sense. Catalytic converts are a major use for platinum and electrification basically kills this use case, even with us being far from full adoption
OANDA:XPTUSDShort
by PJBTrade