Open:
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PENNANT
Platinum
XPT/USD
1H
There is a pennant coming out, the price expects a next active move for clear breakout confirmation.
A pennant identifies a chart signal that can be used to identify a bearish price move when price breaks out.
Platinum accelerates losses to the 1590 zone as the commodity becomes bearish.
PENNANT
Platinum
XPT/USD
4H
There is a pennant happening.
A pennant can be thought of as a useful bearish chart formation that often indicates that the price to go down in case if price breaks out to the the downside.
Platinum opens door for a move towards 1580.
FLAG BULIS
Platinum
XPT/USD
1H
It seems like a bullish flag has been observed.
A bullish flag represents a bullish indicator that can be used to spot reversals in downtrends in case if price breaks out to the the upside.
Platinum advances higher towards 1620.
SEGI EMPAT TEPAT
Platinum
XPT/USD
1H
A rectangle is noticed, the price breaks out now.
If price breaks out to the the downside, the resulting move could predict a sharp decline.
Platinum risks extra downside towards 1600 as bears looking for downside correction.
FALLING WEDGE
Platinum
XPT/USD
1H
As we can see a falling wedge has been noticed, the price demands a next steady move as a signal of a breakout.
A falling wedge is said to depict a bullish formation that is angled down that typically predicts price heading to a new direction if price breaks above resistance.
A bullish move towards the 1620 zone is likely as the wind continues blowing in favor of the commodity.
SALURAN MENAIK
Platinum
XPT/USD
1H
An ascending channel is close to being complete.
If price breaks below support, the resulting move could signal a further move down.
Platinum to fall towards 1600 on a breakdown of the ascending channel.
FLAG BEARIS
Platinum
XPT/USD
1H
There is a bearish flag noticed, the price calls for a more bigger impulse down as a signal of a breakout.
A bearish flag spots a move down in case if price collapses through the support line.
There is a possibility of a move to 1600 while below 1620 as door open for a test of 1600.
SEGITIGA MENINGKAT
Platinum
XPT/USD
1H
An ascending triangle is determined and platinum asks for a more active move for clear breakout confirmation.
An ascending triangle is said to depict a compelling chart signal that can be used to predict that prices are likely to keep rallying upward in case if price breaks through the resistance.
Platinum turns higher towards the 1620 mark.
PENNANT
Platinum
XPT/USD
1D
There is a pennant encountered and platinum lacks further active push down as a clue of a breakout.
When price breakdown occurs, the resulting move could signal an extension in the downward direction.
A rangebound to the 1550 zone is about to happen once below 1580 as the commodity becomes vulnerable.
Penafian.
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Pendedahan Risiko.
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