NYMEX:PL1!
Platinum is breaking out.
Target 1 = $1248
Target 2 = $1419
The flagpole added to the breakout level projects to the 1.618 Fibonacci Extension aka Target 2.
Fat_Fat
Looking at the H4 chart, my overall bias for PA1! is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 1840.0, where the recent highs are. Stop loss will be at 1750.0, where the recent low is. Take profit will be at 1955.0, where the 88% Fibonacci line is.
Please be advised that the...
Looking at the H4 chart, I have a bearish bias for PA1! because the current price is below the Ichimoku cloud, indicating a bearish market. Price has tapped into my pullback sell entry at 1838.5, which is the 50% Fibonacci line. The stop loss will be set at 1955.0, which is the 88% Fibonacci line. The take profit level will be 1654.0, which is the recent swing...
Title: Palladium Futures ( PA1! ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 1917.5
Pivot: 1744.0
Support: 1656.5
Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly head back...
Title: Palladium Futures ( PA1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 1917.5
Pivot: 1744.0
Support: 1656.5
Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. If this bullish momentum continues, expect price to possibly continue heading...
Looking at the H4 chart, I have a bearish bias for PA1! because the current price is below the Ichimoku cloud, indicating a bearish market. Looking for a potential pullback sell entry at 1838.5, which is the 50% Fibonacci line. The stop loss will be set at 1955.0, which is the 88% Fibonacci line. The take profit level will be 1654.0, which is the recent swing...
Looking at the H4 chart, my overall bias for PA1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a possible pullback sell entry at 1838.5, where the 50% Fibonacci line is. Stop loss will be at 1955.0, where the 88% Fibonacci line is. Take profit will be at 1654.0, where the recent swing low is.
Please...
HELLO GUYS THIS MY IDEA 💡ABOUT PL1! is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this LONG position..
and when the price come back to this area, strong buyers will be push up the market again..
UP TREND + Resistance from the past + Strong volume area is my mainly reason for...
Palladium is in a strong downtrend right now. In fact, in the Trend Following Market Trends Barometer , it is the strongest trend with a value of over 70%.
We are opening short positions at market price with a very strong risk management metric - as always - aiming to surf the downtrend and lose only 0.5% of our portfolio value if there is a pullback. Our target...
Keep an eye on platinum to hit 990 then rise higher
-Inflation has not be curved yet
-Interest rate continue higher
-until those reverse Things will continue to be more expensive
Limit order @ 990
SL@ 9825 (Risk -750 Per contract)
1st TP @ 1050(+2500)
2nd TP @ 1090(+3500)
Looking at the H4 chart, my overall bias for PA1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 1838.5, where the 78.6% Fibonacci line is. Stop loss will be at 1878.5, where the 61.8% Fibonacci line is. Take profit will be at 1759.5, where the 127.2% Fibonacci extension line...
Title: Palladium Futures ( PA1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 2023.0
Pivot: 1945.0
Support: 1808.5
Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. If this bullish momentum continues, expect price to possibly break the pivot at...
Title: Palladium Futures ( PA1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 2023.0
Pivot: 1945.0
Support: 1808.5
Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. If this bullish momentum continues, expect price to possibly break the pivot at...
Looking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Price has tapped into my buy entry at 33987.06, where the 50% Fibonacci line is. Stop loss will be placed at 34595.51, where the 38.2% Fibonacci line and previous low are. Take profit will be at 35411.35, where the...
Looking at the H4 chart, my overall bias for PA1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy limit entry at 1917.5, where the 38.2% Fibonacci line is. Stop loss will be at 1839.0, where the recent low is. Take profit will be at 2113.0, where the previous swing high is.
Please be advised that...
Title: Palladium Futures ( PA1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 2023.0
Pivot: 1945.0
Support: 1808.5
Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. If this bullish momentum continues, expect price to possibly break the pivot at...
Looking at the H4 chart, my overall bias for PA1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 1917.5, where the 38.2% Fibonacci line is. Stop loss will be at 1839.0, where the recent low is. Take profit will be at 2113.0, where the previous swing high is.
Please be advised that the...
Title: Palladium Futures ( PA1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 2023.0
Pivot: 1945.0
Support: 1808.5
Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. If this bullish momentum continues, expect price to possibly break the pivot at...
