SharkbaitAl
Short

Palladium: Bearish AB=CD Into Bullish Cypher?

OANDA:XPDUSD   CFDs on Palladium
I am looking to enter a short on Palladium in the near future for the completion of the AB=CD pattern shown on the chart. Today has been an extremely bullish day although it seems like it may have finally taken a breather around 782. I will likely be looking for entries on lower time frames which correspond with this longer time frame idea once I have seen rejection in the PRZ as the stop losses for these ideas when trading Palladium contracts is rather large. Be patient and always wait for additional confluences and confirmation!

Please do not regard this trade as a signal -- I am still relatively new to trading and these are only my personal views and ideas! Good luck!
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