This could be a good time to long platinum. We just hit a trend line and old resistance could become support. Furthermore, we are at a Fibonacci level, namely 38.2%.
Target based on the first target of the daily Cypher pattern. Stops go below the last candle and gives a nice risk to reward ratio of about 1:4. Adjust this to suit your trading style.
Good luck!
Target based on the first target of the daily Cypher pattern. Stops go below the last candle and gives a nice risk to reward ratio of about 1:4. Adjust this to suit your trading style.
Good luck!
Trade closed: target reached
