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Peet_Serfontein

Platinum $ spot: corrective wave?

Short
CFDs on Platinum (US$ / OZ) (TVC:PLATINUM)  
Peet_Serfontein  
TVC:PLATINUM   CFDs on Platinum (US$ / OZ)
Trend Analysis Chart Patterns Wave Analysis Contains image
1
1
trendanalysis chartpattern waveanalysis containsimage
A bearish trend is applicable.
Ideal short entry around 1070.
Increase exposure around 1040.
Stop-loss 1090.
Target 1020.
The expectation is that the commodity is busy with wave a which is a corrective wave.
Technical rating: medium.
Time exit around 1 February 2023.
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