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Elliott wave analysis on Palladium

Short
Palladium Futures (NYMEX:PA1!)  
zhipengcfel  
NYMEX:PA1!   Palladium Futures
Pa1! (Palladium Futures) Elliott Wave anaysis
6
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pa1! elliottwaves anaysis
Palladium is in wave 5 down. From EW analysis the wave 5 does not complete yet. The price will meet high resistance at 539.2~565.6.

If the price rejects from this resistance area, open short position.
Open position when it reiects.
SL at 573.9
TP at 451.5

If the price does not reject from the resistance area, this analysis will be invalid.

Good luck for everyone!
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