There is a descending triangle uncovered, the price expects a steady move for clear breakout confirmation.
A descending triangle is considered to be a price action indicator that is used to predict extending an downtrend in case if price breaks below support.
Platinum tests a move to the 2100 level.
上升通道
PlatinumXPT/USD1H
We can see that an ascending channel has been detected, the price is breaking out.
An ascending channel is considered to be a useful bearish indicator that often indicates that the price to go down once price breaks out.
Extra downside to the 2120 mark is not ruled out.
下降通道
PlatinumXPT/USD4H
It looks like a descending channel materializes.
If price breaks out, the resulting move could signal a move up.
Platinum points to the upside towards 2200.
下降通道
PlatinumXPT/USD1H
There is a descending channel found, the price is ready to break out.
When price breaks above resistance, the move could spot a breakout higher.
It is possible that a bullish run to 2100 will take place on a upside break.
下降通道
PlatinumXPT/USD1H
There is a descending channel diagnosed and platinum demands a further move as a verification of a breakout.
A descending channel is believed to be a formation that is angled down that is used to spot a bullish move when price breaks out to the the upside.
Platinum to increase bullish potential to 2100 on a upside break amid the commodity reclaims part of the ground lost.
下降通道
PlatinumXPT/USD1H
There is a descending channel discovered, the price is breaking out.
A descending channel is believed to be a useful price action signal that is used to predict a next move up once price breaks out.
A bullish run towards the 2100 zone is likely.
三角旗形
PlatinumXPT/USD1D
As we can see a pennant is almost done, platinum needs a next move as an information of a breakdown.
A pennant is considered to be a price action signal that can be used to predict prices are likely to keep falling downward if price breaks through the support.
Platinum to slide towards the 2000 mark once below 2100 as the commodity nears 2100 hurdle.
下降三角形
PlatinumXPT/USD4H
There is a descending triangle identified, the price is breaking out.
A descending triangle typically indicates a bearish price move in case if price breaks down.
Platinum does not rule out a move towards the 2000 mark.
看跌旗形
PlatinumXPT/USD4H
It seems like a bearish flag has been diagnosed.
A bearish flag denotes a chart indicator that typically identifies a bearish move in case if price collapses through the support line.
There is a probability of corrective downside to the 2050 zone.