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UpbeatFX
Dec 15, 2019 8:10 PM

We hit XPT with 944. What's next? Short

PlatinumOANDA

Description

After our successful plan last time and hit even more than we anticipated. So what now? Our short term plan is to have a small correction as low as 915. Then we go up again for the midterm. As Platinum is quite volatile, short term against the main trend is very risky so we refrain from entering it.

With low leverage, it can be tried like this:

Entry: 935
Stop: 944
Final target: 919.

Remember that the bigger time-frames signal us that it will surge but the likelihood of correction before moving up is pretty high.

Trade closed: target reached

I could not go online but we reached our target on Friday. Thank you.
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