TPL1! trade ideas
CME NYMEX:PL Platinum prices forecast, Buy, Target 1504Platinum Futures (CME NYMEX: PL, USD/ozt)
Trade : Buy Dip
Entry : 930
Target : 1504 (574, +61.72%)
Stop : 850 (-80, -8.6%)
Posted on Saturday, Dec 12, 2020 (EST)
Note : Even though, it seems to be meaningful in the movement of platinum price. It's as if someone, a very powerful, is controlling the prices. The resistances would be 1150, 1505 and 1750. The support could be 867. When the prices drop below 950, it would be better to find opportunities to buy. From a long-term perspective, it would be better to do buy-trading than sell-trading.
Platinum Trade Set UpHello community. When you study the pattern at point 1, you will notice the bearish structure for the upside. This is the same with point 2. Now we are in a similar pattern at point 3, I expect the pattern to complete itself for more upside. Don't miss the bullish move, so like, comment and follow for more updates. Trade with profits.
Platinum - 2nd Target achieved ✔️✔️This was our FIRST VIDEO of the year , maybe watch it now if you haven't already. Trading 101 paid profits and dividends twice.
Now let's go for more - 2 target profits left: here
My friend Kaush says that:
It’s 8% away from its 20 ema
it’s pullbacks have been roughly 13%
in the past max it’s gone is 10% away from its 20 ema before doing a pullback
What does that mean? Well, it is basically a train going 300 miles per hour. Hard to get on it, happy to be on it. The secret is to buy the dips at the right price (that's why we share with you here).
what's next? #platinumlongterm 👈
Reversing Short to Long at 1051.0Stop: 1000.0
Our reversal trade was invalidated and we are no looking for continuation to the upside similar to our reversal trade in mid-November.
Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures
In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat. To view the entire portfolio and track our performance visit our site.
Platinum - FXPROFESSOR 101 ↗️Hi boys and girls,
ladies and gentlemen,
traders and gamblers,
investors and speculators of the world 🌐
This is my first post for a traditional asset in 2021 so let's make it a GREAT one
In this simple video I explain why Platinum is a good buy, still at a great time to buy.
Keep in touch for more, share your love, click on the like button and leave a comment.
ps. Friday is a HUGE day, feel free to contact me for info
