after a bullish run, the fundamentals on platinum have shifted sharply into bearish bias, aligning perfectly with a key weekly supply zone. The recent weekly rejection candle confirms seller presence and validates the zone.
Note
(Hindsight) looking back at the price Monday 7 march 2022 price range 1.218 to 1.289. The market had already touched the supply zone we where aiming to use for a bearish move. this sign schould have invalidated this trade idea because we should only use fresh zones.Trade closed: stop reached
its almost the end of the year so going over the trades taken. (Hindsight) looking back at the price Monday 7 march 2022 price range 1.218 to 1.289. The market had already touched the supply zone we where aiming to use for a bearish move. this sign schould have invalidated this trade idea because we should only use fresh zones.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.