A descending channel emerges, the price is ready to break out.
A descending channel often predicts a countertrend succeeding the current trend if price breaks out to the the upside.
It is likely that a move to 905 will happen as the commodity resumes the upside.
Platin: Bärisches Rechteck
XPT/USD,
1 Stunde
SHORT
Jan 16
We can see that a bearish rectangle is almost done and the price requires an active move as a verification of a breakout.
A bearish rectangle often results in the bulls have run out of steam when price breaks below support.
There is a chance of a further bearish continuation to 912 as outlook for XPT/USD stays negative.
Platin: Absteigender Kanal
XPT/USD,
1 Stunde
LONG
Aug 18
There is a descending channel exposed, XPT/USD demands a steady bullish move as an indication of a breakout.
Once price breaks through the resistance, the resulting move could indicate that prices move counter to the prevailing price trend.
It is not ruled out that a bullish continuation to the 898 mark will be made while above 896.
Platin: Aufsteigender Kanal
XPT/USD,
1 Stunde
SHORT
Dez 11
It seems like an ascending channel is observed, the price breaks out soon.
An ascending channel is said to depict a specific chart pattern that has an upward slope that results in an interruption of an uptrend once price breaks out.
XPT/USD risks a correction towards the 915 level.
Platin: Absteigender Kanal
XPT/USD,
1 Stunde
LONG
Nov 23
A descending channel is close to being done and the price is going to break out now.
A descending channel often indicates that the price to go up in case if price breaks out to the the upside.
There is a possibility of a bullish continuation to 1540 on impulse above 1535.
Platin: Absteigender Kanal
XPT/USD,
1 Stunde
LONG
Jun 15
We can see that a descending channel has been revealed.
A descending channel represents a useful signal that typically spots the bears have run out of steam when price breaks out to the the upside.
XPT/USD turns bullish towards 985 on a breakout of the descending channel.
Platin: Rechteck
XPT/USD,
4 Stunden
LONG
Dez 12
There is a rectangle exposed, the price requests a further active move as a sign of a breakout.
In case if price breaks through the resistance, the move could identify a bullish price action.
It is possible that a further bullish move to 940 will happen.
Platin: Rechteck
XPT/USD,
1 Stunde
SHORT
Feb 7
It looks like the price forms a rectangle and the price requests a more bigger correction as an indication of a breakout.
A rectangle identifies a move down if price breaks down.
There is a possibility of a rangebound to the 895 mark as the commodity nears 900 hurdle.
Platin: Aufsteigender Kanal
XPT/USD,
1 Stunde
SHORT
Aug 8
An ascending channel is very close to being completed, XPT/USD expects a more strong move for clear breakdown confirmation.
An ascending channel provides a useful pattern that is used to predict a potential bearish reversal in price action in case if price breaks through the support.
There is a possibility of decline to the 915 zone.
Platin: Aufsteigendes Dreieck
XPT/USD,
4 Stunden
SHORT
Dez 4
An ascending triangle has been distinguished and XPT/USD asks for a next impulse down as a signal of a breakout.
An ascending triangle can be thought of as a chart formation that typically results in an extension in the downward direction in case if price collapses through the support line.
There is a possibility of a rangebound towards 920 while lower than 932 as XPT/USD loses bullish momentum.
Platin: Aufsteigender Kanal
XPT/USD,
4 Stunden
SHORT
Dez 1
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: Rechteck
XPT/USD,
1 Stunde
SHORT
Mai 23
The price develops a rectangle and the price requests a further bearish move as a verification of a breakdown.
A rectangle predicts a move down in case if price breaks out.
XPT/USD to continue the dereciation trend towards the 1065 level.
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Platin · XPT/USD