As we can see an ascending channel is almost completed.
In case if price breaks below support, the move could predict a bearish price move.
Platinum to suffer further downside towards 1650 on a break below 1670.
Platin: Absteigender Kanal
XPT/USD,
1 Stunde
LONG
Mai 19
As we can see a descending channel develops, the price is about to break out.
A descending channel is said to depict a useful price pattern that is angled down that can be used to indicate an interruption of a downtrend when price breaks out.
XPT/USD does not rule out a move towards the 1080 level on a break above 1074.
Platin: Steigender Keil
XPT/USD,
1 Stunde
SHORT
Nov 6
As we can see a rising wedge forms.
In case if price breakdown occurs, the resulting move could identify that the price to go down.
XPT/USD to continue the dereciation trend to 930 on a breach of 936.
Platin: Aufsteigender Kanal
XPT/USD,
1 Stunde
SHORT
Feb 21
XPT/USD sets up an ascending channel, the price requires a next active move as a verification of a breakout.
An ascending channel denotes a compelling bearish indicator that is used to predict reversals in uptrends if price collapses through the support line.
There is a chance of a bearish run to 910.
Platin: Aufsteigendes Dreieck
XPT/USD,
1 Stunde
SHORT
Aug 14
There is an ascending triangle diagnosed.
An ascending triangle typically spots a move down if price breaks through the support.
It is possible that corrective downside towards the 910 zone will take place.
Platin: Aufsteigender Kanal
XPT/USD,
1 Stunde
SHORT
Okt 9
We can see that an ascending channel is close to completion and the price is about to break out soon.
An ascending channel is a technical price action pattern that can be used to spot a change in the prevailing trend once price breaks out to the the downside.
A bearish push down to 1640 is likely as the commodity keeps the bid tone.
Platin: Absteigender Kanal
XPT/USD,
1 Stunde
LONG
Okt 25
XPT/USD completes a descending channel.
A descending channel typically identifies a move up if price breaks through the resistance.
XPT/USD looks ready to further extend its gains to the 900 zone as indicators favor bulls.
Platin: Rechteck
XPT/USD,
1 Stunde
SHORT
Nov 20
We can see that platinum completes a rectangle, the price asks for a more active bearish continuation as a sign of a breakout.
If price breakdown occurs, the move could predict a bearish price action.
Platinum looks for a setback to 1540 on a breakdown of the rectangle as upside pressure seen easing.
Platin: Bärische Flagge
XPT/USD,
4 Stunden
SHORT
Sep 20
It seems like a bearish flag appears, XPT/USD lacks a more bigger move for clear breakout confirmation.
In case if price breaks through the support, the resulting move could identify a break in the price direction.
It is possible that a bearish price action towards the 930 level will occur.
Platin: Aufsteigender Kanal
XPT/USD,
1 Stunde
SHORT
Okt 9
An ascending channel is close to being complete.
An ascending channel is considered to be a reliable pattern that can be used to predict that the price to go short once price breakdown occurs.
Platinum to head towards 1650 on a break below 1660.
Platin: Wimpel
XPT/USD,
4 Stunden
LONG
Sep 14
There is a pennant turning up and the price breaks out.
A pennant tends to be a bullish chart pattern that can be used to indicate the bears have run out of steam if price breaks above resistance.
A bullish push up to the 920 mark is likely to happen on a breach of 910 as indicators turn bullish.
Platin: Bullische Flagge
XPT/USD,
1 Stunde
LONG
Dez 12
There is a bullish flag poping up.
When price breaks above resistance, the resulting move could identify a bullish move.
It is likely that a bullish move to 930 will form.
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