PL - Swing Trade - 7/22Long: $924
Target: $1020 (highs of 2020, top of horizontal trading zone)
Stop Loss: $914
TPL1! trade ideas
PL1 a short term long for good profit act fastPL1 is recovering from it huge drop and I have reason to believe it will reach 840 in the next few days. There’s been another red candle on the trend line and in the past that meant a rise. I believe it could reach around 840 and maybe slightly more before it drops again. Be vigilant as always to make some profit. Check the link down below for some other charts I did today that you might find interesting.
(Not financial advice)
Rebound As PredictedI know that the falling yesterday was unsustainable for sure.However, this rebound provided another entry level if you are interested in shorting platinum. $765 was the first level to short, and the second level to short will be at the negative resistance line. If there is any chance platinum could rise to the negative resistance line, I will definitely add more shorts. TP 600! I will inform the stop loss when the price rises(or not) to the resistance
Good Luck
