OANDA:XPTUSD   Platinum / U.S. Dollar
140 1
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!
Trade closed: target reached
Great trade!
+1 Reply
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