Daniel.B
Short

Clean P/A on Platinum

FX:XPTUSD   Platinum/U.S. Dollar
83 2 2
Update: Decided to add 1/3 of the original position short. With the other 2/3 of the position waiting to short at the .382 Fib level. Stops are at 1200.00 / Short trade targets remain the same. Good luck people! =)

Well, as you have probably noticed I'm posting more than usual. There are some many stellar             trades setting themselves up its impossible to not post them for the world to see! =)

This one is a very cut and dry structure trade setup. The area I'm watching for any bearish signals to enter short are between the 382 / 50 Fibonacci Retracements.

Trade targets are as follows:
1 = The low around 1090.00
2= -27 Extension
3 = -618 Extension

Stops will be placed above the 50 Fib Level around 1220.00
Once the first trade target has been successfully executed then I will proceed to move stops down to break even, and manage them accordingly as price makes lower highs / lows.

Happy trading traders =)
Daniel.B
2 years ago
Update: The rest of the position has been triggered at the .382 Level. Good luck everybody that is in the trade!
Reply
Daniel.B
2 years ago
Intra-day Chart update:
snapshot
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