Platinum 4H American Session (02.07.2014) Technical Analysis

FX:XPTUSD   Platinum / U.S. Dollar
81 0 2
The Platinum / US Dollar             pair ( XPTUSD             ) 4H Diagram Technical Analysis Training shows the following:

The XPDUSD             pair has made a long development and now is above all indicators. The support line is above the KUMO so we are on a long term bullish mode. The daily diagram is bullish and the weekly/monthly diagram shows bullish trend .

So the first think in mind is that XPTUSD             pair will move upwards....but As you can see the XPTUSD             has made reversal hammer candlesticks . MACD and RSI is bullish but both weakening their trends.

We have no special candlestick pattern except the hammers. The pair is above the KUMO, above the Tenkan Sen (Green line) and Kijun Sen (blue line) too. The pair is above the EMA 200 (4H).

There is no special pattern. The fib from 1425.8 to 1497.2 (projection) shows a support at 1497.2 (this week).

Personally I think that a short way has begun towards the support line and consolidation until it meet KUMO around 1497.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out