XPTUSD trade ideas
xptusd is going long for a very long timexptusd started the move last week friday from daily ,weekly and monthly support .it give me more confident to go long because of the triangle patern...i wish u best of luck PEACE
XPTUSD Platinum OANDA:XPTUSD
Making inverted head and shoulders on weekly chart. Still early neck line still far but worth keeping in mind.
XPTUSD (Platinum) long entry TP 918usd.XPTUSD (Platinum) long entry TP 918usd. The analysis shows that platinum may turn north from its current level. This is because the D1ATR range seen in the white rectangle stopped at 50%. If you turn from this level (866usd), there may be a significant rise before moving. The D1ATR50% turning points always indicate a strong trend start.
XPT ShortVery fast short trade given in from the private telegram group. Very close to reaching stop loss, although, quick drop afterwards.
LongPlatinum has broken the trendline and retested.
It could overperform Gold.
Longed at 974$.
TP on the chart.
Not trading advice
Jeepers Creepers.. how is this for a crash pullback, long setup?Jeepers Creepers.. how is this for a crash pullback, long setup?
Platinum still bullish, for now...Platinum right now hobbles at key 0.618 regions as it performs a correction; however as Corona virus fears increasingly rise I would start to consider an exit at the 0.786 Fibonacci region at approximately $900 as Fundamentals right now especially in the face of what is being referred to as "a pandemic in everything but name", will beat technical analysis.
Trend Line Break on Support Bounce Platinum may be entering into an uptrend after it has fell to a strong retrace level and now broken a long term weekly trend line. This may indicate we're in a bull market and using accumulation strategies targeting around the highs can be highly profitable.
PLATINUM (XPTUSD) Buy SignalPattern: 1M Channel Up.
Signal: Bullish once the price hits the Symmetrical Support.
Target: 1040 (just below the 1D Resistance).
Recent successful signal on Platinum:
XPTUSD before rising.XPTUSD before rising. The exchange rate analysis shows that 1: 1 fractal copying can begin. It can also be seen that the rise in both cases started from an accumulation fractal (red square). It can also be seen that the accumulation fractal increases the exchange rate with similar amplitude. From this, I infer that the next rising wave structure could be built. Target price 1098usd.
Just wait for the zone! Technically despite the December bull run on platinum we are still in bearish territory. On the monthly we actually have a thick cloud to go through which at the moment is acting as a good resistance. So my overall bias is bearish for platinum. The weekly candle closed just below the tenkan,which strengthens my bias but however does not allow me act on it just yet. My trading zone is 950-960 area shaded in yellow. If on the daily we break that zone and retest it with failure then il get in and my target will be the 900 area which coincides with the monthly kijun.
So the strategy is similar to that for the rand,basically wait for break , retest, confirmatory rejection then bang!!
