I think we are currently in 3rd macro wave, and 3rd impulsive micro wave will end around $1,200-1,300 by the end of 2018, which means there is still room for price increase by around 10%. From a macro perspective, 2019 could be a bearish year due to the ongoing price rally. After a potential retreat, next price target could be above $2,000 but we need additional...
2nd Short Palladium @ 1070; TP @ 1,000, SL your choice
Clear uptrend channel has formed, indicators support upward movement. Currently monitoring
Here we have a potential reversal zone for Palladium. We have a couple of indications: MACD and RSI at oversold conditions as well as noticeable divergence on both. Good luck everyone.
Perhaps the continuation of the uptrend.
Short Palladium @ 1000; TP @ 950, SL your choice
My fellow traders, This evening, I post my insight for two reasons.First, you may notice what thing is reaching 16 years highest.Then, you will recognize my analysis and get huge profit. .... The element 46, Palladium is reaching high price zone now and can open SELL position from now. In 2001, the price reached 1100 zone and drop...
Short Palladium @ 1004; TP @ 946, SL your choice
Please do not trade based on my ideas. I am a novice and post for interest's sake only. Palladium closed below a steep upward trendline on Friday at the hourly. Daily and weekly the trend is still upwards, however it has kissed a resistance line again at about 1,000. I also note a divergence in volume suggesting the upward trend may be coming to an end. (I'm...
Dear traders, Here is a new LONG signal on PALLADIUM/XPDUSD : Entry : 922.698 SL : 907.531 TP1 : 941.12 TP2 : 959.295 Reasons for this long : After the very nice long we had last month, I've waited for this correction before re-entering this long. Metals have taken quite a beating recently, but I do see global trend as bullish. Trade with your own diligence, GL HF
Validated confluences 1.Support broken resistance validated 2.Daily Trend line broken on daily 3.Opposing level breached by short sellers (major validation) 4.Profit margin 1:3
I have found this box pettern on palladium. Ratio 1:1.4
I have found flag pattern on Palladium.Ratio 1:1.5
The picture in the palladium is bullish. Applications: The largest use of palladium today is in catalytic converters. Palladium is also used in jewelry, dentistry, watch making, blood sugar test strips, aircraft spark plugs, surgical instruments, and electrical contacts. Palladium is also used to make professional transverse (concert or classical) flutes. As...
Short Palladium @ 910; TP 887.25, SL your choice
- Prices gapped up causing a window - Expecting prices to pullback towards the window, which will act as support - If selling pressure continues through below the window, go short
Short Palladium @ 895.00; TP 877.00, SL your choice
If Palladium cannot hold $900 I am bearish longer term. Notice Weekly and Monthly candle close for better understanding. Use risk management when trading always.