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TRIANGLE DESCENDANT
Platinum
XPT/USD
4H
It seems like a descending triangle is found.
A descending triangle is believed to be a specific bullish price action pattern that can be used to indicate that the price will rally further once price breaks through the resistance.
There is a probability of a bullish continuation towards 1800 on a breakout of the descending triangle.
RECTANGLE
Platinum
XPT/USD
1H
A rectangle is close to being finished.
A rectangle is said to depict a specific price pattern that typically signals that the price to go up in case if price breaks out.
Platinum tests a move to the 1800 zone as platinum looks bid.
CANAL DESCENDANT
Platinum
XPT/USD
1H
There is a descending channel appearing and the price is about to break out soon.
Once price breaks out to the the upside, the resulting move could indicate a bullish price action.
It is likely that a move to 1790 will happen on a break above 1780 as the commodity resumes the upside.
CANAL DESCENDANT
Or
XAU/USD
1H
There is a descending channel poping up.
A descending channel provides a useful bullish price action indicator that predicts a tendency to break in the opposite direction once price breaks out.
A bullish run to 4340 is likely to happen while above 4315.
CANAL DESCENDANT
Brent Oil
UKOIL
1H
There is a descending channel determined, brent-oil calls for a strong bullish continuation as proof of a breakout.
Once price breaks above resistance, the move could indicate a countertrend succeeding the current trend.
Brent-oil targets a move towards 108.
TRIANGLE DESCENDANT
Crude Oil
USOIL
1H
There is a descending triangle encountered.
A descending triangle results in a bullish price action in case if price breaks out.
There is a probability of a bullish continuation to the 104 mark as crude-oil nears 103.6 hurdle.
CANAL ASCENDANT
Crude Oil
USOIL
1H
An ascending channel is almost finished, the price is about to break out now.
Once price breaks out to the the downside, the resulting move could signal an extension in the downward direction.
A bearish price action towards the 101 mark is possible.
TRIANGLE DESCENDANT
Argent
XAG/USD
1H
There is a descending triangle noticed, the price is ready to break out now.
A descending triangle provides a technical price indicator that typically identifies that the price to go long when price breaks out to the the upside.
Silver to have better chances of advancing towards the 64 mark as bulls seeking a new high.
CANAL DESCENDANT
Platinum
XPT/USD
1H
We can see that a descending channel happens.
A descending channel depicts a chart indicator that can be used to predict a sharp rise when price breaks through the resistance.
It is likely that a further bullish continuation towards 1780 will form on a break above 1775 as bulls seeking a new high.
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