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AlbionTrader
Feb 8, 2017 12:30 PM

PLATINUM approaching a Resistance 

PlatinumOANDA

Description

Platinum seems to have revered a skewed Head And Shoulder pattern in December and its upward Trend is now converging towards the first notable resistance.


We are still well within last year's High and Low so more action can be expected.

The key point for me at the moment is waiting to see how the price reacts to the level originally rejected in November.
Comments
RajDhall
Great shout
AlbionTrader
@RajDhall, but horrible implementation.

I was in a hurry to a meeting when I saw the reversal materialising so set up the Stop Loss too short and got stopped out instead of hitting both TP1 and TP2.
#LessonLearned (maybe).

:)

Thanks!
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