It looks like an ascending channel is close to being done.
An ascending channel is a bearish chart indicator that spots a next move down if price breaks below support.
XPT/USD tests a move to the 930 zone as the commodity becomes bearish.
Platin: Aufsteigender Kanal
XPT/USD,
1 Stunde
SHORT
Mär 28
There is an ascending channel noticed.
An ascending channel can be thought of as a technical chart signal that often results in a bearish price move in case if price breaks below support.
It is not ruled out that decline to the 960 mark will take place.
Platin: Aufsteigender Kanal
XPT/USD,
1 Stunde
SHORT
Okt 6
The price builds an ascending channel, the price is about to break out.
An ascending channel tends to be a price signal that is used to identify a further move down once price breaks below support.
Platinum pulls away from recent highs to 1600 as the commodity nears 1610 hurdle.
Platin: Absteigendes Dreieck
XPT/USD,
1 Stunde
LONG
Okt 11
There is a descending triangle determined and the price is breaking out.
When price breaks above resistance, the move could signal that prices are likely to keep rallying upward.
XPT/USD targets a move towards 895 on a breakout of the descending triangle.
Platin: Steigender Keil
XPT/USD,
1 Stunde
SHORT
Jun 26
There is a rising wedge found, XPT/USD needs bigger push down as a clue of a breakout.
A rising wedge is considered to be a compelling price action indicator that can be used to indicate a bearish price action when price breaks down.
XPT/USD does not rule out a move towards 925 on a break below 931 as upside pressure alleviates.
Platin: Bullische Flagge
XPT/USD,
1 Stunde
LONG
Mär 16
There is a bullish flag observed and the price requires a more active move for clear breakout confirmation.
A bullish flag predicts a bearish-to-bullish trend reversal when price breaks above resistance.
XPT/USD to have better chances of advancing towards the 990 level as indicators favor bulls.
Platin: Absteigender Kanal
XPT/USD,
4 Stunden
LONG
Mai 8
There is a descending channel exposed, the price is about to break out.
When price breaks above resistance, the resulting move could spot a trend change to the upside.
It is possible that a bullish price action towards 1080 will occur on a breach of 1076.
Platin: Rechteck
XPT/USD,
4 Stunden
SHORT
Sep 25
The price completes a rectangle.
A rectangle is considered to be a reliable bearish price action indicator that indicates a sharp decline if price breaks through the support.
There is a probability of extra downside towards 910 as sell-off may continue.
Platin: Aufsteigender Kanal
XPT/USD,
1 Stunde
SHORT
vor 22 Stunden
There is an ascending channel uncovered, the price breaks out soon.
When price breaks down, the resulting move could identify a temporary interruption of an existing trend.
Platinum to fall to the 1640 zone.
Platin: Bärische Flagge
XPT/USD,
1 Stunde
SHORT
Feb 23
It seems like a bearish flag is distinguished, the price is close to breaking out.
A bearish flag identifies a specific price action signal that typically spots reversals in uptrends when price breaks through the support.
A bearish move to 905 is probable while below 907 as downtrend may continue.
Platin: Absteigendes Dreieck
XPT/USD,
1 Stunde
LONG
Okt 6
We can see that a descending triangle is found.
A descending triangle often results in a bullish move when price breaks out to the the upside.
XPT/USD looks north towards 870 once above 865 as the commodity probes 865 hurdle.
Platin: Absteigender Kanal
XPT/USD,
4 Stunden
LONG
Aug 18
There is a descending channel identified, the price wants bigger rise as a sign of a breakout.
A descending channel is said to depict a compelling bullish price indicator that can be used to signal a move up if price breaks out.
XPT/USD looks ready to further extend its gains to 920 on a breach of 912.
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