TradingShot

PALLADIUM Excellent long-term buy opportunity

Long
FX_IDC:XPDUSD   CFDs on Palladium
Pattern: Channel Up on 1D.

Signal: Buy as the price is rebounding after hitting the 1D MA200 (orange trend-line) and the 1 year RSI Support. You can wait for the MACD Bullish Cross to confirm that.

Target: 2950 (top/ Higher High of the Channel Up) and 3300 in extension (1.5 Fibonacci extension as with previous Highs).


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