Channel trading on longer TF

24 giu 2018

Platinum has just rebounced from the channel floor last week. I am looking into the potential of going to the upper side of the channel and maybe higher if it breaks it. Though not the best entry, but trade is active. Good Risk/Reward Ratio. It would probably take the next few months to go up, if it will.

Bullish engulfing candle on daily and double bottom pattern on 4h.

Enjoy.

24 giu 2018

Trade attivo

Entered the trade, though not the best price setup. Probably will add up if it gives better price entries when going up.

26 giu 2018

Trade attivo

Let's see if it lifts off now: daily, 4 h, 1 h and 5 min are in the buy zone looking at stockRSI. and 5min is starting to curve up :D

27 giu 2018

Trade chiuso: stop raggiunto