Get started
Peet_Serfontein

Palladium $: completing the pattern?

Short
CFDs on Palladium (OANDA:XPDUSD)  
Peet_Serfontein  
OANDA:XPDUSD   CFDs on Palladium
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
A price action below 967 supports a bearish trend direction.
Increase short exposure for a break below 951.
The target price is set at 883, which might complete the pattern as highlighted in red.
The stop-loss is set at 1036 (its 200-month simple moving average).
Remains a risky trade.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.