#Platinum #DoubleConfluence

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

FX:XPTUSD Platinum/U.S. Dollar

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

Perfect ;)

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!

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