Type : Bearish Momentum Resistance : 892.1 Pivot: 855.8 Support : 806.6 Preferred Case: On the H4, with price moving along a descending trendline and expected to reverse off the ichimoku cloud and the stochastic resistance, we have a bearish bias that price will drop from the pivot at 855.8 where the overlap resistance is to 1st support at 806.6 in line with...
Type : Bearish Momentum Resistance : 892.1 Pivot: 855.8 Support : 806.6 Preferred Case: On the H4, with price moving along a descending trendline and expected to reverse off the ichimoku cloud and the stochastic resistance, we have a bearish bias that price will drop from the pivot at 855.8 where the overlap resistance is to 1st support at 806.6 in line with...
Geometry squared with time C.f. Gann/Andrews Targets are 720 and 600 GRI 2022
Type : Bullish Rise Resistance : 891.0 Pivot: 850.8 Support : 832.0 Preferred Case: On the H1, with prices moving above the ichimoku cloud and has broken the descending trendline, we have a bullish bias that price will rise from the pivot at 850.8 in line with the pullback support and 50% fibonacci retracement to the 1st resistance at 891.0 where the pullback...
platinum is in a downward channel heading to 740. With lower lows and lower highs, it is a steady drop in a channel. Given the current Geo-political situation, the economic demand falling, issues with supply chains, the launch of solid state batteries for cars, platinum and palladium will see a falling demand, and therefore, a falling support price. This is an...
Type : Bullish Momentum Resistance : 954.5 Pivot: 921.1 Support : 890.0 Preferred Case: On the H1, price is moving above the ichimoku cloud and is moving along ascending trendline which supports our bullish bias that price will rise from the pivot at 921.1 where the overlap support and 50% fibonacci retracement are to the intermediate resistance at 944.3 where...
Resistance : 924.7 Pivot: 901.4 Support : 874.9 Preferred Case: On the H1, price is moving below the ichimoku cloud which gives us a bearish bias that prices will drop to the pivot at 901.4 where the 78.6% fibonacci projection and swing low support are. Once there is downside confirmation that price has dropped to pivot , we would expect bearish momentum to carry...
OANDA:XPTUSD Simple technical analyzes. 3:1 Risk Reward ratio
Type : Bearish Drop Resistance : 924.7 Pivot: 901.4 Support : 874.9 Preferred Case: On the H1, price is moving below the ichimoku cloud which gives us a bearish bias that prices will drop to the pivot at 901.4 where the 78.6% fibonacci projection and swing low support are. Once there is downside confirmation that price has dropped to pivot , we would expect...
Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA |...
Type : Bullish Rise Resistance : 951.1 Pivot: 938.1 Support : 927.5 Preferred Case: On the H4, with price moving above the ichimoku cloud and along the ascending trendline, we have a bullish bias that price will rise from our pivot at 938.1 in line with the pullback support to the 1st resistance at 951.1 in line with the 61.8% fibonacci projection, 61.8%...
Platinum looks interesting right now. On a 15-min chart, we see price in a bear flag pattern. On top of that, Relative Strength Index (RSI) shows waning momentum, adding evidence to a potential price breakdown. Couple this with a longer-term daily chart, prices are trading in close proximity to a long-term support level of 914 & 883. With the 914 support...
Type : Bullish Rise Resistance : 974.7 Pivot: 941.5 Support : 919.7 Preferred Case: On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise from our pivot at 941.5 in line with the overlap support and 23.6% fibonacci retracement to 1st resistance at 974.7 in line with the 78.6% fibonacci projection and swing high...
Type : Bearish Momentum Resistance : 974.4 Pivot: 952.7 Support : 924.4 Preferred Case: On the H1, price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 952.7 in line with the overlap resistance to the 1st support at 924.4 in line with the swing low support and 127.2% fibonacci extension. Alternative...
Type : Bullish Rise Resistance : 1026.3 Pivot: 1000.5 Support : 988.0 Preferred Case: Price is moving within the ascending trend channel and is moving above the ichimoku cloud which supports our bullish bias that price will rise from the pivot at 1000.5 where the pullback support is to the 1st resistance at 1026.3 in line with the swing high...
Hello Traders 👋 👋🏾 👋🏿 👋🏻 Looking at the monthly close on gold, gc1! palladium pa1! and here on platinum pl1! we can see a wick to suggest a continuation move to the upside. Technical analysis suggests bullish price action. Rsi macd on the daily chart look promising. I believe an initial move to 1010 will confirm the move ultimately to much higher targets of...
On the H4, the MACD indicator shows that price is in a bullish pressure area, while stochastics shows an upward trend, which supports our bullish bias that price will rise from the pivot at 945.2 at the overlap support and in line with the 38.2% fibonacci retracement to the resistance at 969.1 in line with the 78.6% fibonacci projection and 61.8% fibonacci...
PLATINUM | WEEKLY CHART | Call to fully bank at $1178. Last close = $956. Possible bear flag (negative) technical formation while also testing the lower boundary of the long term channel. You could say it’s a triple bottom however a breach of support may trigger the aforementioned bear flag structure.