Potential Bearish Crab on Platinum, as seen on the weekly

l’altro ieri

I have just spotted a potential bearish crab pattern on platinum as seen on the weekly time frame.

I will discuss this setup in more detail, including video analysis, and attach the link to the write-up.

l’altro ieri

Trade attivo

price moved impulsively to the downside, living behind a valid supply level, with inducement liquidity above, now unfortunately, this move did not cause a structure shift on the lower time frame, we wait to see how price will react as it returns to this supply. Check image tradingview.com/x/aacixAXK/. Stop loss is still at 2.0 fib level measured from A TO D, no entry yet since we have no confirmation yet.

18 ore fa

Trade chiuso: obiettivo raggiunto

Sniper entry here was valid. Expecting the price to close below the line marked 'CHOCH', indicated by the red line below. Check image