herkiertb

Platinum to continue Down

Short
FX_IDC:XPTUSD   Platinum / U.S. Dollar
Last week I was looking for long opportunities in Platinum but never got the continuation. Very happy I did not take any trades as this commodity took a turn South in line with others.

We have broken back into the decending channel and will wait for a retest fo the upper limit to confirm resistance before taking trades to the next supply and demand zone.

See my link to previous Idea:
Disclaimer: I am still testing my strategies. Not all trades Ideas I post will result in live trades. They might be tested on demos accounts.

Please share your Ideas with me and I am always open to positive criticism.

Remember to use risk according to your appetite.

Thanks for Checking out this Idea.
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