Platinum 4H American Session (13.08.2014) Technical Analysis

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The Platinum / US Dollar pair ( XPTUSD ) 4H Diagram Technical Analysis Training shows the following:

The XPTUSD pair has made a correction and now is exactly on 0.5 of fib. The KUMO offer now its support. The daily diagram is marginally bullish .

So the first think in mind is that XPTUSD pair will move towards to EMA 200 & Kijun Sen. MACD and RSI is turning bullish .

We have no special candlestick pattern. The pair is above the KUMO, breaching now the Tenkan Sen.

There is a double bottom at 1465. The fib from 1459.3 to 1482.5 (projection) shows the 1475 as first target.

Long for EMA 200 first. Stop loss under 1467.
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