Platinum wave fifthPlatinum coin came for completion of wave fifth now it has shown divergence on rsi signalling for wave five
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Good fortuneXPTUSD broke the descending trending line and retest as well.
now the current structure is a Swing, and even trend reversal is done.
At daily there is a inverted H&S pattern, the red mark is the target of inverted H&S.
Monthly structure Target : 1473(43000 pips)
Daily structure Target : 1143
Platinum Update: Profit=128513 SL=19901 Reward/Risk > 6.5:1 Trade Setup summary:
Profit targets=128513 pip (4059 + 6584 + 9744 + 15994 + 23224 + 29189 + 39719)
Stop Loss =19901 pip
Reward/Risk > 6.5: 1
Current Status:
Total Profit: 122387 pip
Closed trade(s): 20387 pip Profit
Open trade(s): 51000 pip Profit
Trade Setup:
We o
There is possibility for the beginning of an up trend in XPTUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (797.31). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Platinum/USDollar is in a range bound and the beginning of uptrend is expected
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Displays a symbol's price movements over previous years to identify recurring trends.