Platinum Bullish Flag Set to Become a 5-wave Correction

Pembelian

CFD pada Platimun ($AS / OZ) (TVC:PLATINUM)

TVC:PLATINUM CFD pada Platimun ($AS / OZ)

Wave Analysis Chart Patterns Trend Analysis Platinum XPTUSD preciousmetals

waveanalysis chartpattern trendanalysis platinum xptusd preciousmetals

The bearish price action in

PLATINUM that started since Feb 2021 has the hallmarks of a bullish flag:

Overlapping waves WXYXZ
No significant price movement compared to the bullish impulse from Mar 2020 to Feb 2021.
It has taken more than 2x the time to retrace 61.8% of the previous impulse move.

Forecast:
Platinum breaking below the previous low ($825), potentially hitting the $700 area near the bottom trendline of the channel
Platinum bottoming at the Z wave
The price bouncing back targeting the upper trendline as the first target and the previous high ($1336) as the second target.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.