As I posted previously, PLATINUM has been moving in a falling wedge, after hitting a high 2914. With a recent bounce from 1745, it broke out of the wedge. Now it is staying side-ways for a while, respecting the ascending channel it broke previously.
I would expect it to come to the buying area marked (1880-1990 range) and then start its journey towards the wedge target marked.
Some intermediate levels to look for 2240,2430.
Final target 2800.
I would expect it to come to the buying area marked (1880-1990 range) and then start its journey towards the wedge target marked.
Some intermediate levels to look for 2240,2430.
Final target 2800.
Trade closed: stop reached
📊 Charts → 🏗️ Structure → 🎯 Probability =📖 Chart Story
⏳ Patience → 🚀Success
🎯 If this setup makes sense to you, show it some support with a Boost.
⏳ Patience → 🚀Success
🎯 If this setup makes sense to you, show it some support with a Boost.
Related publications
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.
📊 Charts → 🏗️ Structure → 🎯 Probability =📖 Chart Story
⏳ Patience → 🚀Success
🎯 If this setup makes sense to you, show it some support with a Boost.
⏳ Patience → 🚀Success
🎯 If this setup makes sense to you, show it some support with a Boost.
Related publications
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.