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alphakilo
Mar 30, 2021 12:33 PM

W PATTERN  Long

DB ETC PLC XTRACKERS PHYSICAL RHODIUM ETCLSE

Description

I see the second half of the W pattern forming, all moving averages are fanning out well, plus supply and demand dictates a rise in price, due to rarity of this particular commodity. I estimate a break in price levels above 1.5m usd per kilo. We should see some record breaking RISE prices in the coming weeks.
Comments
onseau
nice job! plan on updating this idea?
joydeal2138
@onseau, Will you kindly update your view since it doesn't really pan out well lately. Did you change your view?
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