Quick Video Tutorial teaching a very simple way to use the TradingView Fibonacci Speed Resistance Fan to manage trades that are trending..
When we run out of Linear Support & Resistance zones as an instrument is making new highs, we need to rely on "Non Linear" Support & Resistance to help us manage trades that just keep going.
And the Fibonacci Speed Resistance...
Hello my beauties,
Platinum has breached a long term trendilne and accumulated for about 4/5 years. After a spring and an SOS, the price retested a very long term trendline. Please check my previous analysis below this text.
It is now forming an inverted head and shoulders with a price target of 995.
Don't miss out on monitoring the price around the green...
Platinum is in Phase D of an accumulation.
It breached a 13 year long trend that lasted from the all time highs in 2008 to the upside.
I'll be entering my long term trade around the 935/920 area.
The price is coming down to retest the long-term trend-line, and will be hitting 2150 according to my point and figure calculations.
Platinum is one of the most used...
There is strong support holding platinum up. The momentum will continue soon.
Platinum currently selling at a fair price to buy and hold in long term. I suspect it will hit the next two targets within a few months.
𝙋𝙡𝙖𝙩𝙞𝙣𝙪𝙢 𝙁𝙪𝙩𝙪𝙧𝙚 (𝙋𝙇1!) — 𝙀𝙒𝘼
The senior wave degree is borrowed from the counting of the structure for gold and silver , which have a much longer history of quotations. The second slide shows how the correction, presumably the fourth wave of the ...
Quarterly candles with a custom 15 month moving average. The strong move was made from bear zone to bull zone.
Now time to rest and test those important breakout levels (now support).
Still have a 1430$.
Platinum retested the support at 1140. this is a very strong support technically for platinum.
Additionally, the fundamentals for platinum has not really changed. Buying platinum here with the aim to ride back the demand for the metal which ensures a greener world and lower carbon economy, be it due to the catalytic converters for the internal combustion...
The price of Platinum is currently trading near a major make-it-or-break-it point, whose further development entails excellent trading opportunities.
On the one hand, the breakdown of the price below the lower boundary of the Flag and the 100-day MA (in blue) signifies a potential correction to the 38.2% Fibonacci retracement.
On the other, the Stochastic RSI...