Greetings, dear friends. I hope you are having a productive week.
I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further.
I want...
TVC:PLATINUM chart has crossed MA 200 and started its fallen to $828 (-16.35%) price target for 85 days. Then during 60 days it might go up to $972 (+17.50%). After that - flat for 320 day before sharp fallen.
RSI and MACD are similar to the chart in 2012-2013 rectangle shape.
Platinum experienced a marginal rise, potentially due to geopolitical concerns. Looking at the daily chart, the metal's price made an attempt but fell short of surpassing the $894.82 level, which corresponds to the 20-EMA. It also tested the upper trendline of a wedge pattern. Notably, the RSI broke above its previous downtrend, indicating a moderately bullish...
Platinum (XPTUSD) is testing (and so far failing to break) the 1D MA50 (blue trend-line) after a rebound on the bottom (Higher Lows trend-line) of the long-term Channel Up structure. A break above the 1D MA50 but mostly the Lower Highs trend-line, would confirm the bullish bias on such a low price action, with considerable upside potential.
As you can see the...
Greetings, dear friends. I hope you are having a productive week.
I want to share my market analysis ideas based on the Elliott Wave Principle with you.
I am a fan of this principle and follow all the rules and guidelines for analyzing the market.
However, please note that my ideas are based on my personal experience and may change over time.
If there is an error...
Greetings, dear friends. I hope you are having a productive week.
I want to share my market analysis ideas based on the Elliott Wave Principle with you.
I am a fan of this principle and follow all the rules and guidelines for analyzing the market.
However, please note that my ideas are based on my personal experience and may change over time.
If there is an error...
Platinum is in a bearish trend as mentioned in the price chart. if Price respects this trendline and closes below the zone mentioned zone and also from the trendline then we can initiate a short sell.
Good Luck .
The deep crab is a variation of the normal crab pattern. It is still a 5-point extension, and it still has the endpoint, D, at the 161.8 percent extension of XA, but the little difference is in the AB=CD importance.
The most distinguishing component of this pattern is the importance of the particular 88.6 percent retracement point of B. Together with the crab...
Trade Mark up Date: Sept. 24 2023
- Payper Trade
Trade setup: When the market is moving sideways use the box tool to identify the market consolidating. We are waiting for a break and retest for either a SELL or a BUY.
Execute: Clear break and retest from top or bottom of box.
Standard Rules
*Position Type: Limit orders and Market Execution orders ONLY
*...
Platinum (XPTUSD) is trading around the 1D MA50 (blue trend-line) after a rebound on the bottom (Higher Lows trend-line) of a potential long-term Channel Up structure. This is the 2nd time it bounces off the Higher Lows and the 4th within the 7-month Support Zone.
The 1D MACD made a Bullish Cross last week and is on Higher Lows since June 30. The very same Triple...
Since the beginning of July, Platinum has been trading in a 100 USD range, between 900 and 1000 USD per ounce (more or less).
The start of September found the price at the bottom of this range and the price has started to rise again.
A first leg up followed and after XptUsd reached 950, a correction started.
Yesterday we had a reversal in price from interim...
The time may soon be arriving to take a dip into the badly beaten PGM boys. Looking at the Platinum price (USD), it is obvious just how much pressure the metal has been under. There is a technical support level fast approaching and I think that level is close to $890.00/oz. Price action suggests over-sold now in the short term so a bounce from that level should...
Hello Traders Investors And Community,
Welcome to this analysis where we are looking at PLATINUM 4-hour timeframe perspective, the recent events, the current formation, and how possible set-ups can resulting out of it.
PLATINUM is trading in this huge possible rising-triangle-formation marked in blue which can reverse the established bullish trend to the...
Platinum (XPTUSD) is rebounding after entering the S1 Zone, which is the bottom part of the Rectangle pattern that has been keeping the price action sideways for the past three months. The 1D technical outlook is neutral (RSI = 45.406, MACD = -7.150, ADX = 37.615) as a result, which justifies this ranged price action. The 1D RSI is rising on a HL trendline, thus...
Hi....besed on my thought process if platinum comes toward 800$ ....it will be undervalue and surely i will buy that in hefty amount ......Looooook at this beautiful trend line (it goes back to 2000).
Gooooood Luuuuuck
Hello, Traders Investors And Community, welcome to this analysis about the current structure and price-action we have in platinum, there are some interesting and significant signs which I determined and which will affect the price-action further. Platinum is still moving in a steady uptrend since we had the bear-trap and bottom building at 560 we saw some good...
