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XYNARUTO12
Jan 22, 2022 10:09 PM

PALLADIUM SHORT ANALYSIS Short

PalladiumCapital.com

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Hi there,

As you can see, there's a DIVERGENCE happening on the RSI and MACD. As price action is going up, the RSI and MACD are reversing. So We should expect to see a FALL at least 50%.

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Comments
J_finnoy
Have u checked Daily, Weekly and Monthly chart at all? Divergence happening and price moves accordingly. A short term fall or accumulation seems possible for a period before a new leg up. Not bearish on palladium the coming years due to increased production in "greener" fossile cars (hybrids etc).
XYNARUTO12
@J_finnoy, Thanks man, I did not.
I was going to a quick day scalp and missed the higher time frame analysis
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