Kumowizard
Long

From neutral to bullish? 4H and Weekly picture

FX_IDC:XPTUSD   PLATINUM / US DOLLAR
65 3 3
Weekly:
- Ichimoku is bullish , but Price dipped below Kijun Sen (pull back period). Tenkan is still well above Kijun!
- Price penetrated steeper trendline twice, but selling faded at 100 wma support
- Heikin-Ashi may give a bullish reversal/resumption signal this or next week. Watch candle and haDelta on close (friday)
- Weekly upper key is Kijun Sen at 1065. A close back above would open space to 5th bullish wave.
- EWO is in bullish territory
- MACD signal: consolidation/pull back phase

4H:
- Ichimoku is neutral, with a bullish biased forward Kumo cloud. Tenkan and Kijun at same level.
- Heikin-Ashi signals a buy. haDelta and haOscillator will only confirm sustainable move if price breaks out of the Kumo on the top side.
- Key zone for Bulls is 1043-1052. If we have a close and break above Kumo cloud and trendline, bullish space will open.
- EWO could not gain bearish momentum , ticks back to zero.

Kumowizard PRO
2 months ago
As posted on Twitter, this swing long was stopped with minor loss
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Kumowizard PRO
2 months ago
This trade idea is not valid any more. If I see any change, I will give a new post
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Kumowizard PRO
2 months ago
Both daily and weekly chart is broken. Serious selling pressure on Platinum doesn't ease. I stopped looking for a bottom signal and do not even think to fade this bearish move as I see too much damage to the charts.
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