Open:
High:
Low:
Close:
BEARISH FLAG
Platinum
XPT/USD
1H
There is a bearish flag developing.
A bearish flag describes a specific chart signal that spots a bearish price move when price breaks out to the the downside.
A bearish move to the 1700 mark looks likely.
DESCENDING CHANNEL
Platinum
XPT/USD
4H
There is a descending channel forming.
A descending channel depicts a reliable chart signal that typically results in a bullish price action once price breaks above resistance.
Platinum tests a move towards 1720 as weakness seen overdone.
DESCENDING TRIANGLE
Platinum
XPT/USD
1H
There is a descending triangle poping up, the price demands next push up as a signal of a breakout.
A descending triangle suggests a useful bullish chart pattern that spots the bears have run out of steam in case if price breaks out to the the upside.
Platinum to move upward to 1690.
DESCENDING CHANNEL
Platinum
XPT/USD
1H
As we can see a descending channel is spotted.
A descending channel indicates a bullish price action once price breaks above resistance.
It is likely that a move towards 1700 will form as platinum becomes supported.
ASCENDING CHANNEL
Platinum
XPT/USD
4H
There is an ascending channel identified, the price requires a more steady bearish action for the certainty of breakdown.
An ascending channel often predicts a move down once price breaks out.
Platinum risks a move to 1640.
ASCENDING CHANNEL
Platinum
XPT/USD
1H
It seems like an ascending channel is discovered, platinum needs a bigger bearish action to confirm ascending channel breakdown.
In case if price breaks out, the resulting move could indicate an interruption of an uptrend.
Platinum turns lower towards the 1670 level on a downside break.
PENNANT
Platinum
XPT/USD
4H
It looks like a pennant is close to being done, the price requests a next strong impulse up as evidence of a breakout.
Once price breaks out, the move could identify an extension in the upward direction.
It is likely that a further bullish price action towards the 1680 zone will form.
จั่วขาลง
Platinum
XPT/USD
1H
The price builds a falling wedge.
A falling wedge is a useful price action formation that can be used to indicate a break during a downtrending market if price breaks through the resistance.
Platinum to extend its rebound towards 1660 on a breach of 1656.
DESCENDING TRIANGLE
Platinum
XPT/USD
1H
There is a descending triangle detected and platinum requires a next steady move as a verification of a breakout.
Once price breaks down, the move could predict an extension in the downward direction.
Platinum to continue the dereciation trend to 1640 once below 1644.
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