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auroraspot

Long Position in Platinum from a well tested support

Long
Platinum / U.S. Dollar (OANDA:XPTUSD)  
auroraspot  
OANDA:XPTUSD   Platinum / U.S. Dollar
Beyond Technical Analysis Chart Patterns Platinum platinumlongterm platinumlong
2
0
beyondta chartpattern platinum platinumlongterm platinumlong
I am initiating a long position in Platinum futures at current prices which are well supported over the last several years. I think a long term bottom may form as the Platinum price is mainly driven by automobile industry and it is doing quite well recenlty. The position is taken with Reward to Risk ratio of 2.50 and can be kept even further!
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