XPTUSD Platinum [Watch Level 1018.650 For Price Action Signal]Watch Price Level 1018.650 For Price Action Signal
PLATINUM trade ideas
XPTUSD Time Wave Analysis (4-hour chart)Hello Traders
This is Platinum's 4-hour chart Time Wave analysis.
The correction you see now is a Barrier triangle pattern.
Both ups and downs are possible as we haven't yet left this triangle.
Because the daily correction trend line is drawn below
As long as it doesn't break that line, it can hold its upside for now.
When the correction is completed and the wave no longer travels in the original direction,
Reversal may come out.
If you are in a risk buy, your stop loss should be below the daily correction trend line.
good luck.
XPTUSD Channel Trade Short Good Day, We can see in recent times XPT/USD has been trading in a Range.
We are looking at a short setup back to the 970.00 Demand Zone.
Price has successfully Break Close below the 200EMA and Retested with continuation candles short.
This I refer to the BCR + C pattern. The trade setup offer a great RR ratio and with good confluence paired with recent price action
Stop loss just above porevious 30min high
Tp 970 Zone
Any pullback might be a great entry point.
XPTUSD Time Wave AnalysisHello Traders
Platinum Time Wave analysis.
I think platinum is trapped in a very large running flat structure.
If so, another upward wave will appear, so it is better to wait for a buy.
No signal yet.
Currently, it is going down while drawing a weekly correction trend line of a downtrend.
The last pattern you see now is also close to correction.
If a rising impulse appears, it can be a reversal.
Then we can enter with the lowest correction trend line as a stop loss.
You need to watch carefully how the market reacts.
good luck.
Platinum look for short to 966.35 areaMy sell limit will be at 1018 area looking for SHORT position to 966.35. From there if the opportunity arise, I will go LONG to 1043.77 & 1091.23 extension.
TAYOR
Platinum Long possibility after BOS.Hello there traders!
As always we provide you with analysis on tradingview.
Currently we are looking at the Platinum where we had a nice impuls and corrective move.
Structure tested supply zone and created a reversed H&S .
Bullish pressure pushes the market up and after the retest of the right shoulder we should see Platinum take its flight to the moon.
We also have seen the counter-trendline break wich indicates we are bullish .
Last but not least we see the market create H&S and a rejection of the retest.
This means we are satisfied and ready to take the trade.
Have a good week!
Platin Breakoutsplatin breakouts a short term downtrend and it's going up, It is possible that it will continue its long-term uptrend.
XPTUSD Platinium SELL - more down side comingplatinium will consolidate here for more sell
Everything is Planned
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XPTUSD REJECTS SUPPORT. LONG TRADEI am going long on XPTUSD after seeing a bullish doji form on the 12 hour chart. This is also a Daily level and I am going to target previous resistance.
xptusdthis is an update for the previous analysis, i believe as you see in the chart its a bullish signal, and we can long from here.
however, trade carefully.
good luck.
XPT/USD updateI think this is Wave C correction, after a sell signal appears as in the chart, this scenario will Fail if the price closes above 1035.
please correct me if am wrong.
Trade carefully.
xpt/usdThis what I expect for xpt/usd , its a correction for a while. please correct me if you think am wrong.
Updates: Gold, Silver and PlatinumPositive follow-through following our recent flags.
Gold: Massive move lower from 02 June where I flagged the 200-day starting to slope down while suggesting the reward-to-risk not being attractive on the long. From the time of publication to Monday, we saw a $200 price decline. Possibly some big selling during Monday's Asian session.
Silver: I suggested closing the prior short however the strong selling continued, with the price declining from $27 to $22.
Platinum (Part 1 and 2)
Part 1: In May I highlighted the bear flag via my research which played out as the price decline from $1200 to this week's low of $968.
Part 2: Most recently I also had an idea to go long above 1063 however that level never triggered as the price continued to decline on the back of a stronger USD.
PLATINUM - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
PLATINUM is sitting around strong support in green so we will be looking for buy setups.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
on H1: PLATINUM is forming a channel in orange but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, PLATINUM would be overall bearish can still trade lower till the 900.0 support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Platinum short platinum made head and shoulder on monthly analysis.
we should see more downtrend in the next couple of weeks.
XRP / Platinum (INTRADAY!) - SHORT tradeHello traders,
New trade is ready for a setup! Potentially pretty big trade.
We saw platinum making a bearish moved continued by a bullish pullback, slow movement.
Now we saw a H&S develop to confirm our bearish intentions on the structure that this pair made.
Lets wait for our indicators to check for the entry.
Kind regards@
PLATINUM a move to 1000 🦐PLATINUM on the 4h chart is currently testing a daily support.
The market after the break of the ascending channel is testing a potential neckline.
According to Plancton's strategy if the price will break below we will set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
XPTUSD trend analysis updateXPTUSD has reached a position for a short-term technical rebound. Please confirm breaking through the 4 hour resistance.
2021-08-02 XPT USD - support61.8% fib retracement from last weekly swing high.
Price is looking to backtest a clear trendline around 1,000.
All hands on deck to go long
