XPTUSD1! trade ideas
Platinum: Will resistance become support.???F/u form July 2020 when I suggest a rise to the horizontal dashed resistance level.(see link below). This was hit recently and price has now dropped back to the long term downtrend line. ?? Will it become support? What do you think?
Platinum Trade Set UpHello community. When you study the pattern at point 1, you will notice the bearish structure for the upside. This is the same with point 2. Now we are in a similar pattern at point 3, I expect the pattern to complete itself for more upside. Don't miss the bullish move, so like, comment and follow for more updates. Trade with profits.
Platinum. Go long after pullback currently. As Previously discussed, the price of PL pulled back till 1230. Is the pullback done? I do not think so, This is going to pullback till 1220, take a breather, and then go all the way to 1140-1150 zone before resuming its next leg up
Platinum. Go long with pullback currently. Platinum deep pullback. buy dip. key support levels to keep in mind": 1200, 1240, 1260
$PL1! Platinum Futures. Would love to see a test of $1040Wishful thinking perhaps, but a test of $1040 support and then a move up will be very bullish for platinum. Lots of upside potential here.
No selling started at the POC so Platinum seams to go higherLooking forward for further long entries on pullbacks to the POC
The Platinum-Gold-Ratio just broke out of a long downtrend The Platinum-Gold-Ratio just broke out of a decade-long downtrend. Expect Platinum prices to pick up in the longer term
Platinum - 2nd Target achieved ✔️✔️This was our FIRST VIDEO of the year , maybe watch it now if you haven't already. Trading 101 paid profits and dividends twice.
Now let's go for more - 2 target profits left: here
My friend Kaush says that:
It’s 8% away from its 20 ema
it’s pullbacks have been roughly 13%
in the past max it’s gone is 10% away from its 20 ema before doing a pullback
What does that mean? Well, it is basically a train going 300 miles per hour. Hard to get on it, happy to be on it. The secret is to buy the dips at the right price (that's why we share with you here).
what's next? #platinumlongterm 👈
Platinum- new trend set Platinum reached in early times (before E-Cars Hype) prices around 1800.
Long term consolidation done.
Now, all prepared for rising prices, especially also in Miners.
Potential around 60% in Basis, means 300-500% in MIners.
Dan
01-02-2021
Platinum's Daily Point and Figure ChartAnother platinum chart with 1500$ target. Point and figure constructs very clear for this metal.
Cup and HandleWas invalidated in theory when handle low went below mid cup.
Use your own judgement.
Not a recommendation
Reversing Short to Long at 1051.0Stop: 1000.0
Our reversal trade was invalidated and we are no looking for continuation to the upside similar to our reversal trade in mid-November.
Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat. To view the entire portfolio and track our performance visit our site.
PLATINUM - Our 4 take profit levelsOur chart with 4 take profit levels, based on our fundamental and techical prognosis
Platinum - FXPROFESSOR 101 ↗️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 comment.
ps. Friday is a HUGE day, feel free to contact me for info
CME NYMEX:PL Platinum prices forecast, Buy, Target 1504Platinum Futures (CME NYMEX: PL, USD/ozt)
Trade : Buy Dip
Entry : 930
Target : 1504 (574, +61.72%)
Stop : 850 (-80, -8.6%)
Posted on Saturday, Dec 12, 2020 (EST)
Note : Even though, it seems to be meaningful in the movement of platinum price. It's as if someone, a very powerful, is controlling the prices. The resistances would be 1150, 1505 and 1750. The support could be 867. When the prices drop below 950, it would be better to find opportunities to buy. From a long-term perspective, it would be better to do buy-trading than sell-trading.
