dryanhawley

PL Buy signaled

Long
dryanhawley Updated   
NYMEX:PLF2024   Platinum Futures (Jan 2024)
I discovered that PL a precious metal had fallen 100 points and nobody noticed. I posted it as a buy 3 times and teach time it went up 30-50 points 30 points. I didn't watch it for a while, and it had a trading life all on it's own. Now i se it as a huge bargain again.
Comment:
In a longerr timeframe, it is Bullish, but after studying in longer it looks like it has a greater chance to correct that go up short term
Comment:
www.tradingview.com/chart/4KiQM5Es/ looking at 4 hour candles we have rallied, and fallen all the way back to the lows, and bounced, with the firing of a Squeeze
Comment:
www.tradingview.com/chart/kHhXL0uy/. This months candle bottom is 50% higher than last month's candle wick.
Comment:
ignore the 2 comment, " it has a greater chance to correct that go up short term" this timeframe has passed

Please check out Kauai Dave Pivot Traders on youtube. www.youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
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.