Our chart with 4 take profit levels, based on our fundamental and techical prognosis
Apologies, the previous idea came out weird. As can be seen a downward pointing wedge has been formed from 12 years of price action. In the last month the platinum price has broken out. Large patterns usually have large movements, when they're broken and I expect the price to march higher.
As can be seen a downward pointing wedge has been formed from 12 years of price action. In the last month the platinum price has broken out. Large patterns usually have large movements, when they're broken and I expect the price to march higher.
November was quite a month for Platinum with the price rising 30%, but most importantly with a significant break above 1000 psychological and technical resistance, a resistance that held since 1017. At this point, the price is in a normal and necessary correction, and confirmation of 1k as new support would bring bulls into the market and the price can rise to the...
Platinum bull market will look to begin in the next 6-8 months based on past performane when this ratio breaks higher from a bullish downward pointing wedge. Once this occurs a platinum bull market usually follows. Watch with anticipation and it would be prudent to prepare for some platinum purchases in the next few months.
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Platinum, monthly chart: 11 years long(!) support zone + Triple divergence + Morning Star
The market goes up but a major resistance could limit the rise And don ‘t forget to take your profits…
The market goes back down but TWO major resistance could limit the fall. And don ‘t forget to take your profits…
Pattern: 1D MA200 rejection. Signal: Bearish as the rejection took place on the RSI support level. Target: When the RSI hits 33.73. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Dates in the future with the greatest probability for a price high or price low
Dates in the future with the greatest probability for a price high or price low
Dates in the future with the greatest probability for a price high or price low
Dates in the future with the greatest probability for a price high or price low
ENTRY: 902 TP: 915 TP2: 927 TP3: 940 SL: 880 Chart time frame - 1d Time for reaching TP - 1-3D Follow, Like, Share or Comment Thanks on supporting! All best!