Palladium (XPDUSD) gave us the most optimal sell entry on our March 15 (see chart below) sell signal: Now however it is time to take profit on that trade before the projected Target as the 1D RSI Double Bottomed, while the price is on Lower Lows. Even though this isn't a direct Bullish Divergence, when RSI Double Bottoms were formed along price Lower Lows,...
My Dear Robbers / Traders, This is our master plan to Heist PALLADIUM XPDUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level Police Force is waiting for our arrival, market is overbought / Consolidation / Trend Reversal at the level Bearish...
Dear Indices Robbers/Traders, This is our master plan to Heist XPDUSD Market based on Thief Trading style Analysis. I have two plans to heist this market please look at the chart I have mentioned in our heist plan whether Bull or Bear. My dear Robbers/Traders current condition is choppy market Don't get trap in this situation wait for breakout,. Please Look at the...
Palladium (XPDUSD) is in the process of forming an Inverse Head and Shoulders (IH&S) pattern as it approaches its 1W MA50 (blue trend-line), which has been unbroken as a Resistance since the week of October 10 2022. Once the 1W MA50 breaks, we will have a confirmed buy signal, whose first emergence was when the 1W RSI formed Higher Lows against the price's Lower...
Palladium (XPDUSD) has been trading within a Channel Down pattern since the October 04 2022 High and the recent Feb 13 2024 Low rally is approaching the 1D MA200 (orange trend-line). This is where the last Lower High of the Channel Down was priced (Dec 22 2023), thus a sell opportunity is being presented. On top of that, the 1D RSI just hit the 70.00 overbought...
Palladium (XPDUSD) has been trading within a Channel Down pattern since the October 04 2022 High. Today though, the price broke, marginally so far, above it for the first time after a strong post-Fed 1D candle. This rise was initiated on a Lower Lows trend-line but on an underlying Bullish Divergence as the 1D RSI was during the same period on Higher Lows. This...
Palladium (XPDUSD) has been trading within a Channel Down pattern since late June and on Monday the price hit its bottom (Lower Lows trend-line). As the 1D RSI touched the 30.00 oversold barrier on a Lower Lows formation that has previously formed short-term bottoms for Palladium, we expect a rebound towards the 1D MA50 (blue trend-line). The lowest rebound...
Palladium (XPDUSD) has been trading inside a Channel Down for almost a year. The price ic currently near the top (Lower Highs trend-line) of the Channel Down, just below the 1D MA50 (blue trend-line), which is intact since May 23. The 1D RSI action shows that we are potentially in a similar spot as December 27 2022, when a deep Lower Low sequence started. As long...
Palladium - Intraday The primary trend remains bearish. Preferred trade is to sell into rallies. 20 1day EMA is at 1397. Trading has been mixed and volatile. Daily signals for sentiment are at oversold extremes. We look to Sell at 1397.8 (stop at 1421.8) Our profit targets will be 1337.8 and 1327.8 Resistance: 1400 / 1415 / 1430 Support: 1380 / 1360 /...
Last time we looked into Palladium (XPDUSD) is was almost a year ago: This time the price has formed a Channel Up pattern after breaking above the dashed Lower Highs trend-line form the October 04 2022 High. The price is exactly on the 1D MA50 (blue trend-line) now, near the bottom of the Channel Up, which makes it a technical buy. Our target is the top of...
Palladium - 24h expiry - The primary trend remains bearish. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action has posted a Doji candle and signals a possible reversal of the recent trend. The bias is to break to the downside. Our outlook is bearish. We look to Sell a break of 1572.9 (stop at...
Palladium - Intraday - We look to Sell at 1588.5 (stop at 1611.9) Trades at the lowest level in 60 weeks. We are trading at oversold extremes. There is no clear indication that the downward move is coming to an end. Previous support at 1590 now becomes resistance. We look for a temporary move higher. Our profit targets will be 1530.1 and 1525.1...
Palladium - Intraday - We look to Sell at 1789.8 (stop at 1818.1) Our short term bias remains negative. Trend line resistance is located at 1787. Preferred trade is to sell into rallies. Prices expected to stall near trend line resistance. Our profit targets will be 1722.2 and 1713.2 Resistance: 1755 / 1770 / 1790 Support: 1735 / 1720 / 1710 Risk...
Palladium - Intraday - We look to Buy at 1755.1 (stop at 1729.2) Short term bias has turned positive. Levels below 1755 continue to attract buyers. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. We look to buy dips. We are trading at oversold extremes. Our profit targets will be...
Palladium - Intraday - We look to Buy a break of 1814.1 (stop at 1789.8) We are trading at oversold extremes. A break of the recent high at 1813.3 should result in a further move higher. Posted a Double Bottom formation. The bias is to break to the upside. Our profit targets will be 1869.9 and 1874.9 Resistance: 1814 / 1830 / 1850 Support: 1800 / 1780 /...
Palladium - Intraday - We look to Buy at 1865.1 (stop at 1842.9) Trend line support is located at 1865. Bespoke support is located at 1850. We look to buy dips. We look for a temporary move lower. We are trading at oversold extremes. Our profit targets will be 1918.8 and 1924.8 Resistance: 1930 / 1958 / 1987 Support: 1900 / 1880 / 1850 Risk...
Palladium - Intraday - We look to Sell at 1889.8 (stop at 1914.2) Bespoke resistance is located at 1890. Our short term bias remains negative. Preferred trade is to sell into rallies. Our profit targets will be 1828.7 and 1818.7 Resistance: 1870 / 1890 / 1915 Support: 1850 / 1825 / 1795 Risk Disclaimer The trade ideas beyond this page are for...
Palladium (XPDUSD) has been trading within a Falling Wedge pattern since late March and below the 1D MA50 (blue trend-line) since April 21. With the 1D Death Cross having been formed (when the 1D MA50 crosses below the 1D MA200), the market seems to be pricing a bottom, rather than preparing for a deeper fall. This is similar to the late September - October 2021...