Open:
High:
Low:
Close:
PENNANT
Platinum
XPT/USD
1H
A pennant forms.
In case if price breaks out to the the downside, the resulting move could spot a sharp decline.
It is possible that corrective downside towards the 2040 zone will take place.
ASCENDING CHANNEL
Platinum
XPT/USD
1H
It looks like an ascending channel has been recognized, the price is ready to break out.
An ascending channel identifies a bearish formation that identifies a move down in case if price breaks down.
Platinum set to plunge to 2060.
DESCENDING TRIANGLE
Platinum
XPT/USD
1H
It looks like a descending triangle has been distinguished, the price requires a next bullish move as a sign of a breakout.
A descending triangle often results in an extension in the upward direction in case if price breaks above resistance.
A further bullish move to 2040 is on the cards.
DESCENDING CHANNEL
Platinum
XPT/USD
1H
As we can see the price shows a descending channel and platinum expects next push up for clear breakout confirmation.
A descending channel often identifies that prices are likely to keep rallying upward in case if price breaks above resistance.
It is possible that a bullish run to 2000 will happen on a breakout of the descending channel.
จั่วขาลง
Platinum
XPT/USD
1H
As we can see a falling wedge is very close to being completed and the price calls for a further move as proof of a breakout.
A falling wedge identifies a useful bullish price action indicator that can be used to indicate the more likely potential of rising prices when price breaks out to the the upside.
Platinum to grind higher towards the 1990 level.
ASCENDING CHANNEL
Platinum
XPT/USD
1H
As we can see the price composes an ascending channel, the price calls for a next bigger move as a verification of a breakdown.
When price breaks down, the resulting move could identify a next move down.
It is likely that extra downside to the 1970 mark will be made.
สี่เหลี่ยมผืนผ้า
Platinum
XPT/USD
1H
A rectangle is almost completed and the price requires an active move to confirm rectangle breakout.
Once price breaks through the resistance, the move could spot that the price will rally further.
Platinum to turn bullish to 2000.
สี่เหลี่ยมผืนผ้า
Platinum
XPT/USD
4H
It seems like a rectangle is determined and the price is close to breaking out.
In case if price breaks out to the the upside, the resulting move could signal extending an uptrend.
Platinum to enjoy a considerable gain towards 2050.
DESCENDING CHANNEL
Platinum
XPT/USD
1H
It looks like a descending channel comes out and the price calls for further steady rise as a verification of a breakout.
A descending channel signals a move up when price breaks above resistance.
Platinum turns bullish to 2000 on a breach of 1980 as bulls lurking in demand zone.
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