Wave-Trader

XPTUSD Watch correction and buy

Long
OANDA:XPTUSD   Platinum / U.S. Dollar
Hi there,

We are having some nice price action on XPTUSD at bottom. Watch for the correction and look for long there is nice potential on this pair.

How can we trade on this chart.

1. Watch for the correction for completion and look for breakout and buy

OR

2. Let the price come down and test the bottom then look for longer term buy from bottom.


Make sure you are looking for buy against the bearish trend. In other words Trend Reversal has not confirmed yet on this pair. So it can form new low. So wait for the correction or new low thas trade.

BUYING without understanding price action can give you losing trade so trad carefully.

Good Luck

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