Take profit, buy later at 1020+ support

FX_IDC:XPTUSD   Platinum / U.S. Dollar
52 0 3
Major setup is still bullish on Platinum             , but on 4H I already see serious negative divergences. For this reason I took profit on my longs (opened at 992 and 1005). Tech details below:

- Ichimoku setup is bullish
- Heikin-Ashi candle is still bullish , but haDelta hit extreme high two days ago. haDelta/SMA3 started to correct lower, while we still saw higher high today. Some negative divergence at 1080 resistance.
- EWO             is bullish

- Ichimoku is bullish , but price has moved a lot and bit far above short term equilibrium levels.
- Heikin-Ashi started to show sign of hesitation. haDelta/SMA3 against price action shows serious negative divergence.
- EWO             is bullish , but again we have quite a negative divergence building here, as value started to tick lower!

I think market has become stretched short term. Below 1060 profit taking will accelerate.

However as the big picture remains constructive, I recommend to look for buy signals and try to re-enter longs in 1020-1040 bullish support zone .
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