TradingView
TrendsWithBenefits
Jan 19, 2017 10:56 PM

XPTUSD Buy pullback Long

PlatinumOANDA

Description

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

Comments
SharkbaitAl
Great trade!
More