FxPro - Analytics

FxPro

709.25 6.25/10
91% of positive reviews
Real

Platinum Wave Analysis – 01 March, 2019

Platinum Wave Analysis – 01 March, 2019
  • Platinum reversed from resistance area
  • Further losses are likely

Platinum recently reversed down from the resistance area lying between the pivotal resistance level 880.00 (multi-month high from November) and the upper daily Bollinger Band.

The downward reversal from this resistance area completed the previous medium-term ABC correction (2) from December.

With the overbought daily Stochastic – Platinum is expected to fall further and re-test the next support level 860.00.

1551458349

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