It seems like XPT/USD completes a descending channel, XPT/USD expects further steady rise as an information of a breakout.
A descending channel typically indicates a trend change to the upside if price breaks above resistance.
XPT/USD to move upward towards the 960 level as indicators turn bullish.
Platinum: Canal Ascendant
XPT/USD,
1 heure
SHORT
Oct 17
An ascending channel has been detected, the price is close to breaking out soon.
An ascending channel provides a specific bearish chart indicator that is used to indicate a next move down in case if price breaks below support.
A rangebound towards the 1700 mark is on the cards.
Platinum: Triangle Descendant
XPT/USD,
1 heure
LONG
Sep 25
It looks like a descending triangle develops and the price is breaking out.
When price breaks through the resistance, the resulting move could predict extending an uptrend.
Platinum to look for a further push to 1485 once above 1481 as minor hurdle remains at 1481.
Platinum: Rectangle
XPT/USD,
1 heure
LONG
Déc 27
There is a rectangle developing, XPT/USD requests a more strong move to confirm a breakout.
A rectangle denotes a pattern that typically signals a further move up in case if price breaks out.
A bullish push up to 988 is on the cards while above 988.
Platinum: Triangle Ascendant
XPT/USD,
1 heure
LONG
Fév 23
An ascending triangle takes place, the price calls for a next active impulse up for the certainty of breakout.
An ascending triangle can be thought of as a pattern that typically results in a bullish price move when price breaks above resistance.
There is a probability of a bullish push up to the 910 level once beyond 908 amid XPT/USD reclaims part of the ground lost.
Platinum: Canal Descendant
XPT/USD,
1 heure
LONG
Nov 26
A descending channel happens, the price is close to breaking out now.
Once price breaks out, the resulting move could spot a bullish price action.
Platinum to continue higher to 1570 on a breakout of the descending channel as there is room for a upside correction.
Platinum: Biseau Descendant
XPT/USD,
4 heures
LONG
Nov 24
There is a falling wedge taking place, platinum requests a more bigger move as evidence of a breakout.
A falling wedge denotes an indicator that can be used to signal a bullish price move in case if price breaks through the resistance.
Platinum to maintain its positive tone to 1560 as the commodity becomes bid.
Platinum: Triangle Descendant
XPT/USD,
4 heures
LONG
Fév 15
We can see that a descending triangle is identified.
A descending triangle identifies a technical chart pattern that can be used to indicate that prices are likely to keep rallying upward in case if price breaks through the resistance.
XPT/USD to increase bullish potential to the 910 mark on a breakout of the descending triangle.
Platinum: Canal Ascendant
XPT/USD,
1 heure
SHORT
Oct 8
There is an ascending channel encountered, platinum requests a more strong move for clear breakout confirmation.
An ascending channel is believed to be a price pattern with an upward bias that can be used to spot a bearish move when price breaks through the support.
Platinum could extend its slump to 1640 on a downside break as the commodity sticks to the negative mood.
Platinum: Fanion
XPT/USD,
1 heure
SHORT
Mai 1
It seems like a pennant is close to completion.
A pennant typically predicts the bulls have run out of steam once price breaks through the support.
XPT/USD risks extra losses towards 1075.
Platinum: Triangle Descendant
XPT/USD,
1 jour
LONG
Nov 27
There is a descending triangle encountered, the price breaks out soon.
A descending triangle can be thought of as a specific bullish price formation that can be used to signal extending an uptrend if price breaks out.
There is a possibility of a rangebound to 1600 on a breach of 1580.
Platinum: Canal Ascendant
XPT/USD,
1 jour
SHORT
Jan 11
We can see that an ascending channel is close to being completed and the price requests more pullback as an information of a breakout.
An ascending channel denotes a reliable chart signal that often results in a next move down in case if price breaks down.
XPT/USD does not rule out a move towards the 900 zone while lower than 920 as risk reversal sheds bullish bias.
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Platinum · XPT/USD