Goldybug

Platinum - Goldybug eying the potential for an upside swing

Long
TVC:PLATINUM   CFDs on Platinum (US$ / OZ)
Goldybug's is watching the activity of his cousin Platibug.
He's been a bit down lately but all bad times come to an end as they say.
On the 5 year chart, Goldybug notices that there have been 3 instances
when platinum has crossed it's lower BB line and then risen rapidly.
Knowing when to exit is as important as knowing when to enter.
Goldybug exits when the price crosses the upper BB twice on multiple time frames.
He might lose out on a bit of profit but rarely makes a loss.
Goldybug is looking for platinum to cross the lower BB again on multiple time frames to re-enter.
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