"#Platinum #DoubleConfluence" by trader fximperija — published December 07, 2014

TradingView

Go PRO

Long

Platinum / U.S. Dollar (FX:XPTUSD)

FX:XPTUSD Platinum / U.S. Dollar

Platinum XPTUSD confluence

platinum xptusd confluence

Like Gold , Silver and Palladium , Platinum is preparing for the bullish run. First nice confluence is overlap of 127.2 and 23.6 @1257. Nice for first target on long. The second confluence is 61.8 (1392) and 61.8 (1388) which comes at nice structure and could be the second target on long.

Look at the price difference Platinum vs. Gold

I've been recently looking at Platinum again, about to give us something, isn't?

J.Livermore

If you play the chart to today, you'll see a nice double bottom :) Still in range but expect to break above 1280 for a huge bullish run :)

fximperija

Poping the head out :) (and above EMA65)

J.Livermore

Yep, but look at these patterns, the last one is a bearish bat. If PA will invalidate it Platinum is going high! Another view is that PA needs to test the breakout and continue higher!

Perfect ;)

Community & Tools

House Rules Moderators People Chat Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar AppStore

For Business

Website & Broker Solutions Widgets Charting Library Trading Terminal Brokerage Integration Advertising Referral Program Content Streams & RSS

Support

Status Page Blog Feature Request Help & Wiki FAQ Contacts

About

How It Works Features Compare Plans Press Terms of Use Risk Warning Privacy Policy Cookies Policy

Made with

From the creators of MultiCharts

Select market data provided by ICE Data services