Platinum breakout caution aheadinfluencing factors 1. Breakout 2. Above 200/50 3. Hitting daily R1 4. Not overbought on daily yet 5. Strong uptrend Bearish divergence warnings Longby FabianB0491
XPTUSD SHORT | ASSIGNMENT | WEEK 12XPTUSD is expected to go short because of more bearish indications than bullish ones. Price expected to bounce back from upper trendline.Shortby ahmedmehmood680
XPT with a long setup and a short setup - trying to break resistXPT enter on the next daily candle after the breakout - must be a retest candle I would set an alert and enter a SHORT once the target is hit - very high probability price action will come down due to very strong resistance at 1169.15 This would be a great SHORTING opportunity with first target around 1046 second target around 969 price movement prediction Price Prediction not financial advice this is for entertainment purposes only always DYOR by TradeIntuition4
Is platinum in a big bull run!?Thing was I havenβt pay attention the full charts.. even V shaped bottomed formed at the 800 area. What I see this chart carefully platinum is in a bull run the buyers pressure went harder and want it to breakout and go higher ; look how remarkable the volume is incredible isnβt it? I agreed to aldemap ( shout out to you ). Platinum is indeed in a bullrun. Once that trend line break then breakout bullish official. Platinum season is coming strong for the metals. Highest high yearly was 2300.. the new high target long term is 5000 but can hit 6000 possible. Target for 2023-2024 is first 3500 then last longterm target is 5500Longby JoyBoyVegae112
2008 Platinum Smackdown Unnaturalhas to be one of the most unnatural chart movements out there. quite strangePby GoodTexture111
On The Verge of Platinum BullRunBig bull run could be start for Platinum if blue trendline is broken. Target is 5500 according to fib levels based on log scale. Shading is just an example way. It is suitable for long-term investment.Longby alpdemalp225
Drop or crash for Platinum Should expect a shortage respected the resistance .. drop down to 800 also buy the dip from that point. If reversals happens but if the bears stay remain strong then should break and profit take from 700-600 area. Because the inflation still over highs and warning for recession in 2023. If crash happens then big drop crash down to 400 or 350 area. Donβt forget to buy the dip no matter how many times hit the support.. trade safe yβall. We are still in a bear market and the bottom and a little off but we should be coming back down and accumulate by JoyBoyVegae112
XPTUSD Target Price 1044.390Pull Back to two Pivot Point Levels. Pull Back to 50% Retracement Level. Enter a buy market execution order. Longby TradeLive-0
xptusd .., 1:4 (risk:reward)Platinum/U.S Dollar (xptusd) analysis + trade breakdown : starting my analysis on the monthly chart (yearly overview) price has been trading in downward range, trading firmly between 2 parallel trendlines which are acting as dynamic support & resistance. monthly supply level now acting as demand @ 831.300 is in control having pushed price up by β10.20% to current price. inside the bearish channel, price broke out of small structure bearish trendline... forming a full OHLC candlestick above the trendline also indicating shift in current market momentum from bearish to bullish. i have long position of 1:4 risk, reward from liquidity pool ranging from 911.500 to 905.200 with target targets at supply level of proximal price @ 1072.850 where there is also a liquidity pool ranging from @ 1060.150 - 1072.850. objects used - black horizontal trendline - Price Of Interest blue rectangle - liquidity pool peach horizontal line - supply/demand proximal price. supply and demand put together by : Pako Phutietsile presented by : @currencynerd courtesy of : @TradingView The Nobel Prize in economics belongs to Satoshi Nakamoto, not Ben Bernanke.Longby currencynerdUpdated 7
Platinum UpdatePlatinum is a pattern that can revert to the weekly demand zone. If the market hits the weekly demand zone, there are two cases. 1. If the rebound is successful in the weekly demand zone, it can be an expanded flat pattern with a very large W-X-Y structure, so you can aim above the red dotted line. 2. If the rebound fails in the weekly demand zone, it becomes a running flat pattern of bearish waves, so a second large monthly bearish wave follows. So, if you want to buy, look for buy opportunities in the weekly demand zone.by TimeWaveTrading0
PLATINUM The 1D MA50 is the key. Potential long-term bull.Platinum (XPTUSD) has been trading within a (very) long-term Triangle pattern since the September 24 2020 Low. That was the low that initiated a massive rally to the February 16 2021 High that started the long-term Lower Highs trend-line, which lastly rejected the price November 11 2022. The 1D MA50 (blue trend-line) is the key here. As long as it holds, there are good chances that Platinum will push for another Lower Highs test and potentially a break-out, targeting the 0.618 Fibonacci level. If the 1D MA50 breaks, we will pursue the Symmetrical Support Zone as our short-term target and the September 24 2020 low (830.00) as our long-term. ------------------------------------------------------------------------------- ** Please LIKE π, SUBSCRIBE β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME πββοΈπββοΈ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! ππ ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πby TradingShot1110
XPT/USD - PLATINUM: Super-Cycle Bull Market Underway?Markets move in cycles, expansion are followed by contractions/consolidations and so forth. These cycles are fractal, meaning they repeat themselves across multiple timeframes. Commodities are well known to be cyclical and unlike stocks, do not necessarily go up in the long run. What we see in platinum is no different. Since peaking at $2115,84 in January 2008, the precious metal has endured a twelve (12) year bear market. Many commodity specialists believe the March 2020 low in commodities was a significant bottom for the next decade or so. The Elliott Wave Principle support this view. The 2008 crash, wave A, was a swift impulse followed by a sharp recovery into 2011 for wave B. Wave C was a more gradual decline which unfolded in a clear five (5) wave sequence and bottomed at $582,20 in March 2020 with the global covid-19 market sell-off. If this wave count is correct, the recovery to $1344,41 is either wave (I) or (A) which calls for further upside at least for wave (C). A break below $582,20 will invalidate the supercycle bull market view. A strong platinum price will be a major boost for JSE listed platinum miners $JSEIMP $JSENPH &JSERBPPLongby Loyiso_BlaqueSoros_Mpeta0
XPTUSD is in Bullish Run.XPTUSD is in Bullish Run. Currently it is on buying position as it is at bottom of new higher low as per dow theory, I am long with 6000 PIPS at 985.52, SL at 921.50 and TP is 1042.65. It might goes a little low but in some hours it goes back to its previous Higher High.Longby AhmadWaheed201
Platinum short LTFThis looks like a bit of exhaustion happened from the bulls a minor dip might happen. Disclaimer : This chart is not intended for financial adviceShortby OperandiUpdated 2
XPTUSD | Going LongXPTUSD | Going Long Entry @ 1035 StopLoss @ 1015 T1 @ 1063 T2 @ 1080 T3 @ 1110 Dow Theory CandleStickLongby ahmedirshadUpdated 0
XPTUSD Possible short term bearish moveIn the monthly the price is testing a Supply zone. We could expect a move to the downside. In the weekly the price is over extended. Also, the price is testing a supply zone which means that a possible move to the down side is coming In the Daily the situation is the same. The price is over extended and rejecting a supply zone. All the Higher time frame are in confluence for a bearish move. Shortby WiisoUpdated 114
Quick platinum chart for reference - Nothing specialNothing to see here - Just using as a reference for the future - Good luck allby HighcardJezus2
XPTUSD | Going LongXPTUSD | Going Long STOPLOSS @ 911 Based on Dow Theory Bullish Pattern (3 White Soldiers)Longby ahmedirshad2
Taf's Gun to the HeadTrade Idea : Buy Platinum at market Reasoning : Broke out of a bullish flag formation and looking for continuation of that bullish momentum to target previous swing high. Entry:924.50 TP:944.83 SL:916.01 RR:2.39 Disclaimer β Signal Centre. Please be reminded β you alone are responsible for your trading β both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Longby Signal_Centre11
platinum to short opportunityiam xpecting platinum down side move around 996 area where we can expect down fall sharply good luck :)Shortby Ttrade-With-Logic112