AlbionTrader

PLATINUM approaching a Resistance

OANDA:XPTUSD   Platinum/U.S. Dollar
Platinum             seems to have revered a skewed Head And Shoulder pattern in December and its upward Trend is now converging towards the first notable resistance.
snapshot


We are still well within last year's High and Low so more action can be expected.

The key point for me at the moment is waiting to see how the price reacts to the level originally rejected in November.
Great shout
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@RajDhall, but horrible implementation.

I was in a hurry to a meeting when I saw the reversal materialising so set up the Stop Loss too short and got stopped out instead of hitting both TP1 and TP2.
#LessonLearned (maybe).

:)

Thanks!
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