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Platinum · XPT/USD

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Platinum: Ascending Triangle

XPT/USD, 1 hour    SHORT 15 hours ago
It seems like an ascending triangle takes place and the price is breaking out. An ascending triangle is said to depict a specific bearish price signal that often results in the more likely potential of falling prices when price breaks below support. A bearish continuation towards the 870 zone is on the cards.

Platinum: Ascending Triangle

XPT/USD, 1 day    SHORT Jun 14
There is an ascending triangle developing, the price is ready to break out now. An ascending triangle tends to be a compelling bearish pattern that is used to signal a bearish move if price breaks below support. There is a probability of extra downside to 920 while lower than 930.

Platinum: Ascending Channel

XPT/USD, 1 day    SHORT Jun 24
There is an ascending channel revealed. In case if price breakdown occurs, the move could spot a bearish move. XPT/USD risks suffer setback to the 900 mark.

Platinum: Ascending Channel

XPT/USD, 4 hours    SHORT Nov 18
As we can see the price completes an ascending channel. An ascending channel typically identifies a pause in an uptrending market once price breaks down. XPT/USD to head to 1040 on a breakout of the ascending channel.

Platinum: Descending Channel

XPT/USD, 1 day    LONG May 12
It seems like a descending channel is diagnosed, the price wants a further steady impulse up to confirm descending channel breakout. A descending channel often results in a next move up when price breaks through the resistance. XPT/USD to grind higher to 1000 as XPT/USD challenges 980 hurdle.

Platinum: Descending Triangle

XPT/USD, 4 hours    SHORT 5 days ago
We can see that a descending triangle is close to being finished, the price breaks out soon. A descending triangle can be thought of as a useful pattern that often identifies a move down once price breaks through the support. A bearish continuation to 890 is on the way on a breach of 900.

Platinum: Ascending Channel

XPT/USD, 1 hour    SHORT 5 days ago
An ascending channel happens. An ascending channel typically results in a temporary interruption during a rising market when price breaks down. XPT/USD to resume its downfall towards the 900 zone as weakness continues.

Platinum: Ascending Channel

XPT/USD, 1 hour    SHORT 5 days ago
An ascending channel forms and the price is ready to break out now. An ascending channel describes a specific bearish pattern that is used to signal that the price to go down once price breaks out to the the downside. XPT/USD to extend the correction lower to the 905 zone on a breakdown of the ascending channel.

Platinum: Bullish Flag

XPT/USD, 1 hour    LONG Jan 18
We can see that a bullish flag is close to being completed, the price asks for a next bullish impulse as an information of a breakout. A bullish flag is believed to be a price indicator that results in an interruption of a downtrend if price breaks through the resistance. XPT/USD to move up towards the 980 mark as indicators turn bullish.

Platinum: Bullish Flag

XPT/USD, 1 hour    LONG Jan 18
There is a bullish flag materializing and the price is going to break out. A bullish flag depicts a reliable bullish price action formation that has a downward slope that can be used to identify extending an uptrend in case if price breaks above resistance. A move to the 985 zone is a possibility.

Platinum: Bearish Flag

XPT/USD, 1 day    SHORT Mar 15
As we can see a bearish flag is close to being completed, the price is close to breaking out. Once price collapses through the support line, the resulting move could spot that the price to go down. A bearish run to 1000 is possible while lower than 1040.

Platinum: Rectangle

XPT/USD, 1 hour    LONG Feb 16
There is a rectangle distinguished and the price calls for a more strong move as proof of a breakout. A rectangle is considered to be a useful bullish signal that is used to predict that the price to go long if price breaks out to the the upside. XPT/USD to grind higher to 1040 on a breach of 1036.
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