Platinum. Bullish Pin Bar formed on the trend line on June 1st.
Platinum is in critical area, closer to support but at risk of bearish potential. Big institutions and companies tend to decrease in demand, even though the supply of platinum is also decreasing, I usually use 2 sources to see the sentiment of big players: 1. LME : London Metal Exchange is a futures and forwards exchange with the world's largest market in...
Platinum is approaching a 1.68 ext and a double bottom. Time to begin looking for a long.....
As I said yesterday, I expect Platinum to rise and reach the 1020-1030 resistance zone, and price evolution in the past 24h adds more confidence in this trade. Looking at the daily posted chart we can see that the drop started in mid-March has stopped in important daily support at around 900 and last week we have a sequence of Doji candles in this zone. Friday we...
After rising above 1k in mid-April, Platinum has started to roll back down and has dropped to 900 zone important support (see daily chart). After reaching this support the price started to consolidate last week and finally has broken up. Now the price came to confirm this break and is trading in the last resistance now support zone. I expect a new leg up above 1k...
XPT Long Term SetupFrom SAN BULLSFX Team by AQIB JUTT
Platinum got rejected two weeks ago on the 'war candle' on the 1W time-frame and is on the 3rd straight red week since. The importance of that rejection, is that the candle closed within the metal's long-term (almost 4 year) Channel Up that started half-way through 2018. As you see XPTUSD tends to trade exclusively within this Channel Up structure, unless a 1W...
This is a beautiful sell setup Swing to the end, and always remember use protective stoploss as this is one of the factors that gives a trader statistical edge in the market. Also a very nice risk to reward ratio
This can be viewed as a continuation flag pattern and also a double top (M) formation market There are pure divergence from the RSI and also a fall out of the ascending channel All this are confluence that the market will continue falling
Platinum (XPTUSD) got rejected two weeks ago on the 'war candle' on the 1W time-frame and is on the 3rd straight red week since. The importance of that rejection, is that the candle closed within the metal's long-term (almost 4 year) Channel Up that started half-way through 2018. As you see XPTUSD tends to trade exclusively within this Channel Up structure, unless...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice.
XPTUSD Short Scalp. I actually dislike this set up very much, but a signal is a signal. 100X leverage short. TPs on the chart. I won't be taking this trade.
Yesterday, Gold has broken above a very important level, 1830, a level that acted as resistance since July last year, and at this moment we may wonder, is this just a spike, or Gold has resumed its long-term uptrend? Looking at the posted weekly chart we can see that after the strong reversal that followed August's low, the yellow metal has put in higher lows on...
$SBSW is looking to enter its next leg up, as it has broken its downtrend on the recent Rhodium strength.