Title: Platinum Futures ( PL1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1037.8
Pivot: 974.3
Support: 940.9
Preferred case: The current bias for PL1! on the H4 chart is bullish. To add to this bias, the price is currently trading above the Ichimoku cloud and ascending trendline, indicating a bullish market. If the bullish momentum continues, price may head towards the resistance at 1037.8, where the previous high is located.
Alternative scenario: Price may retrace downwards and head towards the 940.9 support level, where the 61.8% Fibonacci line is located.
Fundamentals: There are no major news.
Type: Bullish Momentum
Resistance: 1037.8
Pivot: 974.3
Support: 940.9
Preferred case: The current bias for PL1! on the H4 chart is bullish. To add to this bias, the price is currently trading above the Ichimoku cloud and ascending trendline, indicating a bullish market. If the bullish momentum continues, price may head towards the resistance at 1037.8, where the previous high is located.
Alternative scenario: Price may retrace downwards and head towards the 940.9 support level, where the 61.8% Fibonacci line is located.
Fundamentals: There are no major news.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.