jojofang0901

Platinum Higher Time Frame Outlook

Penjualan
OANDA:XPTUSD   Platinum / Dollar A.S.


Hi everyone:

Also keeping an eye on Platinum (XPT), as we can see some bearish price action on the higher time frames perspective.

After the impulse phase, price has developed into an expanding structure, within few swing highs and lows.

We can see a double tops, rejecting the price, and a bearish move down.

Latest development shows a smaller consolidation, and could lead to another bearish impulse phase down.

Watch on the lower time frame development to confirm the sell potential.

Thank you

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