Nothing yet but a possible bat or an ABCD..
The overall picture is bullish for Palladium, divergance lately betw price and RSI. However if we break below $520 then look for deep drop!
Blue lines are resistance line broken 2003, became support 2004 and retested again 2008.
See PRZ in the next post!
Bullish 5-0 or wave 3? Depends on how much lower Crude wants to go..
Expect NIK225 to bounce the coming days. Crude likely to start this bounce
Looks more bearish than bullish, second ABCD in play which converge with the low support line
No good idea to enter either way... Wait for next bar
TP1, TP2, TP3 are first blue FIBs followed by FIB 1 (red)