FxPro - Analytics

FxPro

714.75 6.25/10
90% of positive reviews
Real

Platinum Wave Analysis – 15 February, 2019

  • Platinum broke strong resistance level 1380.00
  • Further gains are likely

Platinum recently broke through the strong resistance level 1380.00 (which reversed the price with the daily Evening Star earlier this month).

The breakout of the resistance level 1380.00 is aligned with the active short-term impulse wave 5 – which belongs to the medium-term upward impulse sequence (5) from the end of January.

Platinum is expected to rise further and test the next support level 1.4500 (intersecting with the resistance trendline of the daily up channel from last September).

1550239750

Source: FxPro


To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree