RSI bottoming & 50% retraceRedrawn my Fib lines as the full low to high move during 2016. The 50% Fib at around $2.8 is coinciding with what looks like a bottoming of the RSI. Potential long entry point.
TPL1! trade ideas
Platinum & Median LinesBlue Median Line lower parallel test. "Bottom fishing" mode ON . Update of
Informational only, not a recommendation to buy or sell any security.
R&R AKA The Bull's Glare Strategy!Go Long when price trades within the entry or go short when price trades withing the short entry level
Median Line Platinum DailyMonitoring this level for a move north, we are monitoring something similar to
Press play to see how it worked with AUDUSD
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Platinum-Gold equity spread, weekly chartHistorical low zone for this spread. Bullish candlestick pattern. Platinum industrial use could be on the rise due to the new technologies applications.
PlatinumWe got divergence in RSI .Waite tell price break out this channel with a green candle .
target is 977 . your stop loss is the bottom of that candle .
best luck .
TECHNICALS | Platinum AdvancesPlatinum has roared through resistance at the edge of its recent distribution (as observed in the distribution on the left axis). Some of the classicists might call it an inverse head and shoulders. Whatever the pattern interpretation, it looks particularly bullish!
Patinum +10% on seasonal gain?For Platinum, the seasonal gain is quite clear. I'm very hapy to see positive price action at this time, making it a good edge on this trade.
PLATINUM LONG IDEA 4HIt already broke out of a falling wedge on the daily chart. A bounce of the fib level 0.786 to 0.618 would be nice to see.
PLATINIUM - potential LONGPrice tested MN DZ, into MN DZ nice W1/D1 DZ. W8ting for deep penetration to Zone and long.
