PL1! anyone interested in an EOD sell off? :DPlatinum Futures (Apr 2020) forum
PL1! anyone interested in an EOD sell off? :D
PLV2025 On the 4-Hour, it is in Bearish (directional) Market Bias. After the previous break of the Bullish Trendline (in green dotted line), there was a retrace to the upside to retest the trendline.
Currently, the bears are dropping from the trendline for an even bigger move to the downside to potentially breach the Swing Low of 1,308 and go further.
*Side Note: A BIG move is coming from the Double Inside Day pattern.
PLV2025 For Swing Traders:The Daily is in Bullish (directional) Market Bias, which left off with the last two candles sharing the same price at their highs of 1,440.5. They created a Tweezers Top that is a Resistance Line. If respected, price action will stay below this to retrace downwards, then back up again. But if a bullish candle appears to breach that Resistance Line, then the bulls get a nice boost back up to continue the rally.
*Take Profit Projections for a Retracement:
1,249 - Based on Mean Reversion
**Current Fair Price by Traders Worldwide: $1,235 for Swing Traders
PL1! Plenty of room to break PDH...
PL1! you were supposed to tank :( whenever you need shorts to come through, they bail lol
PT1! Still bullish take profit at 1300; it should break the resistance at 1250
PL1! Dear Platinum, I missed your big moves, but I promise baby girl - Ill be there to catch you when you fall. Sincerely, Your biggest fan.
PL1! So far so good. Lets see how the rest pans out Idea: Platinum Breakout. Going LONGPT1! Long we go .. 1800 is my long term target but firstly break above 1250 so will march towards 1400
PL1! Bullish asf