albert.callisto
Long

Palladium - A long swing trade idea

FX:XPDUSD   Palladium/U.S. Dollar
66 0 6
Palladium             is in a sustained uptrend. By looking at weekly SSBs levels provided by Ichimoku , we can define key levels that may be used as intermediate targets. The rectangle in pink shows a set of flat levels traced by the daily SSBs, they form an area of dense resistance that the price recently tried to test and failed to break so far. But we may expect a second attempt. The price is above its daily Kijun and the Chikou is also above its prices. The idea is to wait for a break of the 622 level (agressive entry) or 627 (more conservative) with candles closing above. SL is defined by a weekly SSB             level.

Read of the day: http://seekingalpha.com/article/3937676-palladium-falling
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out