A descending channel has been observed, the price is ready to break out now.
A descending channel typically spots that prices are likely to keep rallying upward when price breaks out to the the upside.
It is not ruled out that a bullish run towards 1700 will be made on a breach of 1685.
下降三角形
PlatinumXPT/USD1H
There is a descending triangle coming out, the price is breaking out.
A descending triangle is a compelling price pattern that is used to identify a next move up when price breaks through the resistance.
Platinum looks ready to further extend its gains to 1660 on a break above 1650.
下降通道
PlatinumXPT/USD4H
三角旗形
PlatinumXPT/USD1H
It seems like platinum composes a pennant.
A pennant suggests a compelling indicator that often identifies the more likely potential of falling prices once price breaks below support.
Platinum to fall to 1620 amid rising bets for the move.
下降通道
PlatinumXPT/USD1H
There is a descending channel developing.
A descending channel tends to be a reliable bullish indicator that results in the bears have run out of steam in case if price breaks above resistance.
A further bullish push up towards the 1660 zone is possible as there is a chance for a upside correction.
矩形
PlatinumXPT/USD1D
A rectangle is close to completion, platinum wants a move as a verification of a breakdown.
A rectangle denotes a bearish signal that typically signals the more likely potential of falling prices in case if price breaks out.
There is a chance of a further bearish price action towards 1650.
下降三角形
PlatinumXPT/USD4H
There is a descending triangle found.
A descending triangle provides a compelling bearish price formation that can be used to spot that the price to go short once price breaks out.
There is a probability of a bearish continuation towards the 1680 level as downtrend may continue.
看涨旗形
PlatinumXPT/USD1H
It seems like a bullish flag is close to completion, the price is going to break out.
If price breaks out to the the upside, the resulting move could spot a bullish move.
Platinum tests a move towards 1720.
下降三角形
PlatinumXPT/USD1H
There is a descending triangle determined, platinum requires a further active move to confirm descending triangle breakdown.
A descending triangle typically identifies a next move down when price breaks down.
Platinum points to the downside towards 1700 as platinum becomes weaker.