Platinum's 8 hour chartWhere gold goes... silver goes... and platinum goes!
Breakout on 8 hour chart.
XPTUSD trade ideas
PLATINUM builded bullish setupThe market formed bullish setup. But still I recommend to wait for clear breakout.
GOOD LUCK!
Bullish Bat on PlatinumPlatinum has a bullish bat pattern with triple bullish divergence on the daily rsi and macd. The 3 main targets are 1109, 1273, and 1340.
2021-10-03 XPTUSD - longNice price action around support. Price looks to be forming a head and shoulders. I like the spike down and quick rebound.
waiting for a breakout to go long platinum is still not looking good..
the trend is moving down as long we dont have a breakout...
Platinum Turning Bullish for the first time since 2008Platinum Turning Bullish for the first time since 2008.
PlatinumWednesday, 29 September 2021
23:07 PM (WIB)
Platinum as expected broke down the 0.5 F as the strong support, and creates Impulsive move from the resistance. This downtrend will testing the support lines. Keep watch and notes.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
PlatinumWednesday, 29 September 2021
1:03 AM (WIB)
As expected, Platinum start falling down from this valid downtrend resistance at $1.006, and keep fall. When the price pass below 0.5 F, it would open possibility for the price to test the support lines again. At this stage, I will prepare several set up purchase orders on Platinum again.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
PLATINUM POSSIBLE MOVE.Hi all,
We have support on level 965-955 USD. RSI is on the 50 %.
Possible move on this week is LONG. Probably target is : 1015-1030 USD.
Good Luck !
Each analysis is in the form of help, it is not investment advice, everyone has to think about their idea
PLATINUM may be on the verge of a strong year-end rally!XPTUSD (Platinum) has had a strong rebound last week that started exactly on the Higher Lows trend-line of June 2020. The commodity may be repeating the 2020 pattern that lead to a massive end-of-year rally.
However it needs to get past (break and close a 1D candle above it) the 1D MA50 (blue trend-line). As you see since XPTUSD hasn't closed a 1D candle above it since May 18 2021 with the rejections on it being brutal every time. In 2020 once it closed above it, the price soon started a strong rally. Notice how the RSI is on Higher Lows now in similar fashion as in 2020.
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PlatinumMonday, 27 September 2021
3:12 AM (WIB)
After created Bullish reversal with 13% ROI, Platinum shown resistance at 1 F. So, I'm expecting Bears could use this momentum for move down the price chart into my Golden Zone Area around 0.236 F.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Platinum swing ideaI am thinking of a long buy around THE MONTHLY ORDER BLOCK. I took a short term buy waiting for a lower buy.
Trade smart
XPT USD BUY (PLATINUM - US DOLLAR)Hi there.
Price is moving impulsively to the upside.
Wait for the price to form a continuation pattern to the upside and watch strong price action for buy.
PlatinumWednesday, 22 September 2021
20:05 PM (WIB)
Enclosed my several purchase orders on Platinum with huge profits, and covered my last month loses.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
PlatinumMonday, 20 September 2021
19:16 PM (WIB)
Platinum just broke the lowest price at $896. It means the price could open possibility to move more lower into 52 Weeks low at $830. Which have support from descending channel to hit that point. I would prefer to keep watch the movement periodically. The question is "What condition on Platinum market that has been fall so far from $1.300 into $896?" I need to find out the answer.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Cup and Handle May be formcup and handle is not a typical pattern but i see it a lot😎
. we have divergence
. volume might rise
. wyckoff is rising
PlatinumGotta love Platinum and its big weekly triangle. We finnaly broke out of it with a giant IHS in my previous analyses (long time ago) i said it will go to 1500. In my opinion we are on to a strong support level now and i doubt if we go lower than this for me its a nice buy the dip.
Lets see if its gonna make a nice uptrending channel. And if it will break out of this Falling wedge
PlatinumFriday, 17 September 2021
13:16 PM (WIB)
Platinum seems has found new support area between $913 - $919, this could be shown from strong bullish movement at these spot. Even price chart still has more possibility to reach $830 - $850, I will try to open purchase orders while the price is near the new support area.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
PLATINUM PLATINUM TECHNICAL ANALYSIS
Meanwhile Platinum, the major commodity commonly used in the auto motor industry to reduce emissions, has been at the discretion of supply as Emerging markets continue to experience decreases in short-term supply, hindering the progression of bullish continuation, with prices stalling at Fibonacci support while the CCI falls into oversold territory.
PLATINUM - Back testing TLWeekly chart for a long term investing
PLATINUM broke out a long term TL and now is back testing.
A good R & R position - trade your chart
