Open:
High:
Low:
Close:
PENNANT
Platinum
XPT/USD
4H
A pennant appears and the price calls for a more active move as a verification of a breakout.
Once price collapses through the support line, the move could identify a sharp decline.
Extra downside to 1800 is about to happen.
BULLISH FLAG
Platinum
XPT/USD
1H
The price composes a bullish flag and platinum wants steady push up as a signal of a breakout.
A bullish flag depicts a bullish chart pattern that is angled down that indicates a temporary interruption during a falling market once price breaks above resistance.
Platinum to surge considerably towards 1900.
PENNANT
Platinum
XPT/USD
1H
There is a pennant determined, the price is breaking out.
Once price breaks through the support, the move could predict a next move down.
Platinum set to fall towards 1900 on a breakout of the pennant as bearish momentum increases.
ASCENDING CHANNEL
Platinum
XPT/USD
1H
An ascending channel is close to being done, the price is close to breaking out now.
An ascending channel identifies that the price to go down when price breakdown occurs.
Platinum does not rule out a move towards the 1920 mark once below 1930 as upside pressure alleviates.
ASCENDING CHANNEL
Platinum
XPT/USD
1H
There is an ascending channel happening and platinum requires a further move as an indication of a breakout.
Once price breakdown occurs, the move could signal a bearish price move.
It is not ruled out that a bearish push down to 1900 will occur on a breakout of the ascending channel.
ASCENDING CHANNEL
Platinum
XPT/USD
1H
An ascending channel is almost finished.
An ascending channel often signals a bearish move once price breakdown occurs.
There is a chance of a rangebound towards the 1900 level while lower than 1960.
RECTANGLE
Platinum
XPT/USD
1H
As we can see a rectangle has been detected, the price breaks out.
When price breaks through the resistance, the resulting move could indicate extending an uptrend.
Platinum to head to the 1940 level.
DESCENDING CHANNEL
Platinum
XPT/USD
4H
A descending channel comes out, the price is about to break out soon.
If price breaks out, the resulting move could spot that prices are likely to keep rallying upward.
Platinum points to the upside to 2000 as downside pressure alleviates.
PENNANT
Platinum
XPT/USD
1H
As we can see a pennant is close to being completed.
A pennant spots that the price will rally further when price breaks out to the the upside.
Platinum to enjoy a considerable gain to 1950.
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