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.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.