XPDUSD: Palladium, long dips with stops under 691.16
Palladium is offering great potential here, with odds of getting you into a long term uptrend if you go long next weeek.
Risk is a drop under 616.16, so buy dips and add on a breakout of last week's high with the same stop loss.
The long term chart shows potential for a quarterly/6-month timeframe uptrend signal, so this makes Palladium particularly interesting.
Good luck,
Ivan Labrie.
Risk is a drop under 616.16, so buy dips and add on a breakout of last week's high with the same stop loss.
The long term chart shows potential for a quarterly/6-month timeframe uptrend signal, so this makes Palladium particularly interesting.
Good luck,
Ivan Labrie.
Comment:
Up for the day, looks good.
Comment:
Price needs to hold here, else the uptrend will fail.
Trade closed: stop reached:
Now we need to wait for 3 days to see if bulls step in.
