CFDs on Platinum (US$ / OZ)
Long
Updated

PLATINUM moving higher 🦐

558
PLATINUM on the daily chart broke the perfect descending channel tried to break above the 1060 resistance structure without success.

The price tested then the 0.382 Fibonacci level over a support and we can expect a new attempt of a break to the upside during this week.

According to Plancton's strategy if the price will break and close above we can set a nice long order.
–––––
Follow the Shrimp 🦐

Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.


Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Note
snapshot pushing for a break
Note
snapshot moving higher
Note
snapshot break and retest

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.