Platinum- Inverted head and shoulders
Platinum has started the month with a local low shy under 1k psychological figure, a reversal followed which also led to a break above the descending trend line started in May.
At this moment the price is exactly in the horizontal 1040 resistance and a break above this zone would also confirm an inverted H&S pattern.
Buy trades considering this setup would have a perfect 1:2 R: R
At this moment the price is exactly in the horizontal 1040 resistance and a break above this zone would also confirm an inverted H&S pattern.
Buy trades considering this setup would have a perfect 1:2 R: R
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
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.