Get started
CFDs on Platinum (US$ / OZ)CFDs on Platinum (US$ / OZ)CFDs on Platinum (US$ / OZ)

CFDs on Platinum (US$ / OZ)

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

PLATINUM trade ideas

PLATINUM Perfect long-term Channel with 2 extremes to consider.Platinum (XPTUSD) got rejected two weeks ago on the 'war candle' on the 1W time-frame and is on the 3rd straight red week since. The importance of that rejection, is that the candle closed within the metal's long-term (almost 4 year) Channel Up that started half-way through 2018. As you see XPTUSD tends to trade exclusively within this Channel Up structure, unless a 1W candles closes outside (either above or below) the pattern. In almost 4 years we had two such 'extreme' cases, one was the March 2020 market crash due to the COVID pandemic, which was the bearish extreme that reached as low as (marginally breaking) the -1.0 Fibonacci extension level and the other the Q1 2021 bullish extreme that reached as high as (marginally breaking) the 2.0 Fibonacci extension level. Notice who both distances are symmetrical on the extremes and that in both cases the candles, despite breaking marginally below/ above, they managed to close back inside the Fibonacci extensions. This pattern provides a low risk frame-work to long-term investors. Buy low and sells high within the Channel and if the pattern breaks and closes a 1W candle outside its top/bottom, trade to the direction of the break-out, either towards the -1.0 Fib or the 2.0 Fib. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
FX_IDC:XPTUSD
by TradingShot
1
Platinum Broke 10 yr Bear TrendThis is a technical analyst's dream, its beautiful. Quarterly: Last quarter just closed a clear shooting star candle at a pullback at price support following a 10 year plus bear trend. Monthly: The price acton in the last few months has found some demand at these levels. Weekly: Drew a trend line to highlight the breakout of the pullback that followed the momentum up move on the quarterly. Daily: Trend breakout of the weekly pullback. I know markets are fractal in nature but wow, this probably won't happen again for a long time, what a find. I'm going to buy platinum futures. If you like my work follow and share!
TVC:PLATINUMLong
by Chad_McDeid
Platinum: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Platinum. The chart is self-explanatory. Platinum price made multiple attempts to get back above the 0.618 Fibonacci Retracement level but was rejected and now headed back down. Platinum price may be supported by the Multi-month support line. If it fails there then expect price to head to the 0.382 Fibonacci Retracement area. RSI just broke below a multi-month S/R line, which is not a good sign. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
TVC:PLATINUM
by MillionaireEconomics
1
Platinum Higher Time Frame Outlook Hi everyone: Also keeping an eye on Platinum (XPT), as we can see some bearish price action on the higher time frames perspective. After the impulse phase, price has developed into an expanding structure, within few swing highs and lows. We can see a double tops, rejecting the price, and a bearish move down. Latest development shows a smaller consolidation, and could lead to another bearish impulse phase down. Watch on the lower time frame development to confirm the sell potential. Thank you DISCLAIMER: -My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
OANDA:XPTUSDShort
by jojofang0901
6
Ichimoku:XPTUSD I bought the best part last time. The original plan was to break through the 981 range to buy. Finally, in 965, the lowest price was held to 1029. if you like my strategy, please strictly control the single loss between 1-2%. We have played many games in the market. The investment itself is very low-risk, and irrationality is the biggest risk. My trading behavior report is available at the link below. I can analyze the market in a short time, involving foreign exchange, encrypted currency, commodities and stock indexes. Quality needs your long-term follow-up verification. Your support and comments are the driving force of my update! and Thank you
OANDA:XPTUSDLong
by ichimoku163
4
Consistent gains being achieved in the XPT range.Price equiblibrium continues in XPT and has provided us with many solid wins over the course of the last several weeks. We expect this momentum to continue with one of two things taking place this afternoon. Looking for a breakout and retest of the range median for a continuation to the range ceiling or alternatively a rejection of the median zone, retest of the bear anchor point and then a run down to the range floor. Either way, price is at a decision point and its time yet again to get ready.
OANDA:XPTUSD
by TheTradingRoom