XPT USD SELL (PLATINUM - US DOLLAR)Hi there. Price is forming a reversal pattern to change its direction.
Watch strong price action at the current levels for sell.
PLATINUM trade ideas
Platinum 8 hour Pin bar As of now price is chewing on the tails of the Pin bar but the Pin is still in the play. Look for price reversal to the upside still.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
XPTUSD or Platinum 1D | Short Momentum- Possible bearish price movement towards the support 1097 within the next period.
Platinum retesting the breakoutPlatinum is in for a treat. Having retraced its breakout, it has clear skies ahead.
Next volume defined target is $1450 by October 2021!
90 min Platinum future chart shows possible CMF crossing down 0 Watch out here.
If the 0 line holds it would be bullish given the strong seasonality.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
Platinum shorts should be very nervous here2 Day chart shows price and StocRSI having hidden divergence while price is way above 200 day EMA. This is a sign of trend (up) continuation.
Plus, seasonality chart indicates that the month of Jan is traditionally a very bullish month for the metal with average 3%+ gain followed by a even stronger February.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
Pin bar for continuation...90 min chart
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
Platinum at 5 hour VWMA support
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
Platinum short should be wary too here8 hour StocRSI and RSI both showing hidden divergence while price stays above 200 EMA. This could be a good indication that the upward trend WILL continue. Expecting the short term bounce to the $1090 area.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
XPTUSD BUY on D1H4
- Structure: Uptrend
- Tendency: rising
-=> BUY Limit
-trade enter: 913.078
PLAN:
As picture
Guys it looks like another great deal coming up, if you missed my last XPTUSD trade don’t worry new opportunity is coming up.
Just don’t forget XPT it takes a time both it worth it.
God bless you
Platinum (XPTUSD)Experimental probability of price breaking yesterday's low 04/01/21 low is >97%
Entries: Discount sell zone highlighted on Chart
Note: discount zone is invalid if price broke the low
Platinum be cautious here Monthly chart shows a little worrisome sign here. Not like other precious metals. Closely watch what will up fold over the next weeks...
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
Wave Plot...Short term expecting a pull back then trend to continue higher for a long period, however there is a chance we don't get much more of a pullback and just outright rip higher.
Platinum hits upper resistance band - Retrace possible Platinum has hit the upper resistance band and could see a retrace here. Afterwards, breaking this resistance would enable much higher prices to come.
Inflation Hedge
Adam & Eve double bottom
Diagonal breakout + retest
Precious metals are good hedges against inflation. Plat has lagged behind other metals this ralley.
This is a long term investment with targets of US$2300, $3200, $3600
