FieryTrading

PLATINUM: MASSIVE MULTI YEAR BULLISH TRIANGLE 🚀

Long
OANDA:XPTUSD   Platinum / U.S. Dollar
A massive triangle has been forming on the weekly XPTUSD chart.

Best is to wait until the weekly candle has broken through the 2020 highs with sufficient force. The riskier trade would be to wait for and entry around $750. In case the $750 resistance doesn’t hold, look for an entry around the 2020 lows.

Targets 1-4 are based on previous highs throughout the years.

Safest bet would be to ride the trend from $1100 to $1500.

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