tradingitsnothing

Palladium, Weekly: Short, alternate bat pattern

Short
tradingitsnothing Updated   
TVC:PALLADIUM   CFDs on Palladium (US$ / OZ)
Completion of alternate bearish bat pattern. Price action in potential reversal zone looks bearish with the potential formation of a dark cloud cover pattern.
Trade active:
bearish divergence, this should be a violent drop. Stop loss remains the same

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.