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pikitote
Mar 6, 2021 4:07 PM

Entry points, supports and resistances. Long

PALLADIUM (US$/OZ)TVC

Description

For the last published palladium idea: Entry points, resistances and supports.

If it breaks resistance upwards, using new support as entry for a sure entry.

It is possible to entry on the actual support (S1) and "hope" for a break upwards with a strict SL right bellow range. Risky. But for a scale in strategy, could work.

As there is a small RSI divergence (red dotted), support can break downwards to any fib support and ultimately to S2.

For future reference.
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