FX:XPTUSD   Platinum/U.S. Dollar
10 months ago
Platinum             along with other precious metals started a bull market around february. After two attempts to climb above 1000, we are now at the third of these tops and heading towards correction. I still believe the primary trend is upwards and support will be met with 50MA around 960.
Note that last three new moons (blue spots) market peaked and reached bottom around the full moon (white spots). This is definitely no coincidence and you can check it on other occasions and other markets, specially silver             .
10 months ago
Trade closed manually: Some profits taken, but trend is not strong enough.
10 months ago
Comment: We broke the 1000 barrier and now the trend definitely reversed, it's buying time.

Related Ideas

InfiniteTrader
10 months ago
Sell the New Moon, buy the Full Moon.
Reply
Trendhopper
10 months ago
possible 3 drives pattern on 2h chart....could be a good buy opportunity at 976
+1 Reply
Trendhopper
10 months ago
around 976 is also 38.2% retracement from last wave 940-1000
Reply
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