Type : Bullish Rise
Resistance : 974.7
Pivot: 941.5
Support : 919.7
Preferred Case: On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise from our pivot at 941.5 in line with the overlap support and 23.6% fibonacci retracement to 1st resistance at 974.7 in line with the 78.6% fibonacci projection and swing high resistance.
Alternative scenario: Alternatively, price may break pivot structure and drop to the 1st support at 919.7 where the swing low support, 78.6% fibonacci retracement and 100% fibonacci projection are.
Fundamentals: As investors are seeking to hedge against inflation, we have a weak bullish view on platinum.
Resistance : 974.7
Pivot: 941.5
Support : 919.7
Preferred Case: On the H4, with price moving above the ichimoku cloud , we have a bullish bias that price will rise from our pivot at 941.5 in line with the overlap support and 23.6% fibonacci retracement to 1st resistance at 974.7 in line with the 78.6% fibonacci projection and swing high resistance.
Alternative scenario: Alternatively, price may break pivot structure and drop to the 1st support at 919.7 where the swing low support, 78.6% fibonacci retracement and 100% fibonacci projection are.
Fundamentals: As investors are seeking to hedge against inflation, we have a weak bullish view on platinum.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.