XPTUSDG trade ideas
PLT from the 'ol painter on the lot.Clearly a long term hold and wonder !
Behold Low, ^^invest now^^ with a Scots accent.
It is a perception of the probability space ahead. as foreshadowed by the previous action.
beware Solid Red
that is the red limit.
if for the briefest of scenes , one saw Gorge, Jet-sons display . . . You would know he got it from a box labelled ACME.
XPTUSD | Cup & HandlePlease support this idea with LIKE if you find it useful.
Price formed a Cup & Handle. Moreover price already broke the Horizontal Resistance and confirmed the pattern. So we can initiate a long position with stop-loss below the Horizontal Resistance
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
PLAATINUM technicaly based forecast
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I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support
📌Why DepaDigitalTrading:
*Analysis based on my program and tactic readings
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*Price action - FIBO - Candl pattern
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💡 PLATINUM technicaly based idea, technicaly indicators showing we can expect higher push up in price, expecting to see push in price till FIBO 0.6.
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Platinum Breakout & Palladium Blow-off TopPlatinum at current levels presents tremendous value. The precious metals take turns outperforming and underperforming. In the late 90s palladium went into a bubble while gold, silver, and platinum bottomed out. Then throughout the 00's palladium moved sideways while platinum, silver, and gold all outperformed.
I believe we are nearing a similar setup where US stocks will enter a blow off top and palladium will follow. Following this blow-off top platinum and silver will begin to drastically outperform.
Additionally, the more expensive palladium gets, the more likely industry will find ways to substitute towards platinum. This is especially the case since most of palladium demand comes from China.
Be keeping an eye on these metals, along with gold and silver.
XPTUSD: Time ripe for a BULLISH reversal?The week opens with a strong Bearish move that set the low of the week. It thereby pull back and slowly make an assault for the week low again. But it never really come close to doing so. Late Thu, I notice sign of strength in a H4 bar. True enough, next day(Fri), price starts to trend higher and form value at the higher range of the day. On daily, you can see that as the price gets lower, volume also gets lower. This is an indication that the Bears interest has diminished. Fri Bullish close shows the indication of the Bulls to take control. I will be looking to go LONG on this pair with SL below Thu low and targeting the high of last week.
DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.
