XPTUSD trade ideas
When Platinum takes off, you want to be in itIn March 2008, Platinum reached just shy of 3000.00. At the same time, Gold was closer to 1000.00. Take a look at Gold now and also this nice flag on Platinum. I posted to buy it at 600.00, but right now it is setting up to produce a very large higher time frame candle. Remember this is for investing, not scalping.
XPTUSD #Platinum #Short #Bearish #Shark #HarmonicA shark pattern is near completion on the 60 minute Platinum chart.
#Sell #Short
T.P @ 813.141
R/R = 2.77%
Platinum for upsideGood risk to reward ratio on this trade. A conservative trade would be the break above the upper boundary of the correction. Trade with care and remember to manage your trades.
XPTUSD Watch for BUYHi traders,
If the price will started to push strongly to the upside watch for your lower time frame buy setups.
XPT USD BUY (PLATINUM - US DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Potential Bat pattern on Platinum (4H)A metal to watch out for as a harmonic bat pattern is seemingly being formed, however, PA for this commodity is seemingly very nasty.
Any comments welcome as I am relatively new to this... Thanks! :)
XPTUSD Sell SignalPattern: 1D MA200 rejection.
Signal: Bearish as the rejection took place on the RSI support level.
Target: When the RSI hits 33.73.
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Platinum short - Daily ChartPrice seems to be obeying previous trendlines (red dotted line & pink line).
As price meets vwap once more, it looks like a good area for shorting.
Wait for an entry reason, what ever you choose on a lower time frame.
XPTUSD | Platinum Horizontal Support and Resistance LevelsXPTUSD | Platinum Horizontal Support and Resistance Levels
