PLATINUM (W)Platinum has broken out of the downward channel ,if this upward momentum can be sustained the next resistance level is at 1292$
Ukraine - Russia war will have a huge impact on Platinum price.
XPTUSD trade ideas
Platinum new ATH??Hellooo im Back!
The chances are good that platinum will reach a new all-time high in the near future. Platinum to the Moon!
have a nice day to all of you!
PLATINUM (TOO EXPENSIVE) : 1:13 RISK TO REWARD!!! HELLOOOOOOOOO PIPPIN PEEPS!!! I hope you're doing well...THIS IS THE NEXT MEAL ON MY PLATE. I AM LOOKING TO SHORT PLATINUM FOR THE NEXT 6 to 12 months all the way to $900. Great risk to reward. Trade with care...PIPPIN PEEPS!
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.
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Platinum Swing Trading Analysis ! Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Platinum $ spot: correction unfolding?Below 1075 supports a bearish trend direction. Negate the stance for a break above this level.
Downside price momentum supports the bearish bias.
RSI leaves enough room for further downside price potential.
Might encounter some support around its 200-day simple moving average.
A break below its 200-day might target 975.
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.
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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
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.
Dark Cloud Cover at PCZ of Bearish Bat on PlatinumNot Much in the way of indicators except your RSI is slightly overbought and that's about it but in General this Price Action is pretty Bearish and you'd expect a decent move down from here.
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.
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PLATINUM - Long PositionTechnical point of view, if price breaks above 1104, our target would be 1190 and 1533. Current formation pattern failure swing ( reversal pattern ).
XPT/USD Swing Trading Analysis & Education ! Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice.
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.
Platinum Symmetrical Triangle Pattern Can Push Price Above 1080Platinum corrections is taking the form of symmetrical triangle pattern and price has just broken out of the triangle. There is a high probability for price to rally to 1080 and above...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
Platinum $ spot: 200-day acting as major resistance?Below $1030 supports a bearish trend direction.
Downside price momentum supports the bearish trend.
The price action close to the upper range of the linear regression channel pattern also increases the likelihood of a correction.
RSI leaves enough room for further downside price potential.
MACD bearish crossover also applicable.
Platinum Still Undervalued - Bullish PatternLong term chart looks very bullish for platinum. The recent break of a long-term downtrend with a successful retest and potential double bottom right above the 62 fib.
if double bottom plays out, short term target 1,300$
long term certainly several thousand
Platinum in battle with 200 MA
XPTUSD is making its 5th attempt at the 200 moving average in 10 days.
Double bottom could also be forming but it needs to push past the 200 for the bulls and its not proving easy. Selling pressure seems ever present.
Platinum about to end 19 years of silver under-performance Platinum about to end 19 years of silver under-performance
Platinum: Ready For More Bullish Price Action ? Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice.
