palladium is ranging, no bull order power no sharp down spike , so no trade yet
This is a hot trading opportunity as price could retest the all time high. +45% from the current level
Possible falling wedge on XPDUSD Included a critical point which is adjacent to Fibonacci spiral Buy on breakout of wedge at critical point or earlier.
Not a lot specific believe or view behind this post, apart from technicals. Over the last few weeks we were trading inside a triangle, mostly shaped by a huge collapse early in march and recovering afterwards. We broke out of the triangle last week. Palladium tends to trade down in a weakening economy, which is where we are heading given all the recent news. We...
Palladium has been rising non-stop for 4 years (since January 2016), a rise that after 2019 turned parabolic. This parabola has broken down this March as the pull back exceeded the 0.382 Fibonacci level that has been holding in the previous two cyclical pull backs (August 2018 and May 2019). The 1W chart is on a neutral state (RSI = 53.141, MACD = 105.160, ADX =...
Please support this idea with LIKE if you find it useful. Price was rejected by Resistance Node (50 MA, Ichi Cloud and the Resistance Trendline of the Descending Channel). It's more likely to continue the decline and retest the 200 MA Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this...
XPDUSD long entry point. In my analysis, I indicated that Palladium is making a correction. The analysis closely followed the movement of the exchange rate. My assumption is that the correction is slowly over. Therefore, the palladium may turn north again from this level.
Palladium has produced a bearish divergence, followed by a possible bullish divergence, yellow fib EMA has been a clear support for some time for this bull run, lets see if it holds again. Currently stuck in between a strong horizontal support.
XPDUSD (Palladium) before correction. In my analysis, the Palladium correction movement has begun. You can see that there are two types of analysis on the chart. 1. Fractal analysis, a 2: 1 fractal copy is starting to build up. 2. ATR-based analysis shows that palladium may turn south again at D1ATR50%. The target price is 2257.22usd
All description on the chart. Please, don't forget to like and follow. Thank you.
been watching this for some time now i will expect another big rise soon once we have corrected pushing price out of that zone that is marked you can buy in this zone but expect some pull backs within it!! risk correctly
Hello ! First of all , if you think this analysis is useful to you, press the LIKE button after read ) More importantly, let's get into comment sharing! Let's start. This is a one-try trade only. XPDUSD 1W Chart : Momentum seems to be slightly weakened, but the trend can be incredibly strong, misleading. Our Risk / Reward ratio is 1/3 COT Position...
The price goes down after breaking through the consolidation. You might consider buying at the consolidation target level of 2180. To save money on swaps, it makes sense to consider buying an ETF PALL instead of trading spot or CFD.
Pattern: Channel Up on log 1M. Signal: Bearish as tha parabolic rise within the Channel Up broke. Target: $2000 (Higher Low of the Channel).
The long-term upward trend of palladium is due to three factors: 1. Demand from industry, which greatly exceeds supply. 2. Almost monopoly price controls by producers in Russia and Africa. 3. Interest in palladium by long-term speculators. In such circumstances, prices can rise for several years. That will provide an opportunity to get good income in the long run.
Please support this idea with LIKE if you find it useful. Initiate Short. Entry - 2413.510 TP1 - 2140.442 TP2 - 1967.684 SL - 2502.676 Reason: Exponential Growth, Shooting Star reversal Pattern. The price is overbought According to RSI. Risky: Remember this is a risky setup despite market shows us irrational behavior and previously we got stopped out. Thank...
Imagine you had held onto this metal since Nov 2008 till now, you would have made 1200% return on your capital. Go take a look at the weekly chart and you can see its parabolic move, hardly much correction along the way. Again, this is a counter-trend strategy, a short term trading set up at best since nobody can tell you where is the top of Palladium. For...