DK_Investment_Consulting

Platin - price within triangle - wait for confirmation

OANDA:XPTUSD   Platinum / U.S. Dollar
Platin price has lost much value in the last 48 hours and is looking currently for support. Loss in value is another indicator for decreasing industry because demand for oil and other industry leading commoditys is also going down.

confirmation for long entry is close above 790-791

confirmation for short entry is break down from 787 $ and close under 787 $

Stochastic RSI is heavy oversold, I expect another up wave to 820 $ and test of this resistance before possible drop down to 740 $.
Feb 20
Trade closed: target reached
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