meszaros

XPDUSD TP: 2700 usd.

Long
OANDA:XPDUSD   CFDs on Palladium
XPDUSD TP: 2700 usd. Continued, the exchange rate has moved exponentially. Therefore, we will advance the rules of this. The exponential acceleration is created mathematically by adding the underlying ATR to the exchange rate acceleration. This creates a double acceleration that grows every day. How to trade this rule system. We need to look for a fractal. In our case, the correction fractals (red rectangle) are best used because the main trend fractals are accelerating. Assuming that the corrections for the main trend fractals and the increased ATRs follow the ratio of the previous fractal pair, we are more likely to say that the first significant level of correction may be near 2700 usd.

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.