Dates in the future with the greatest probability for a price high or price low
Palladium has formed a bullflag on the 4H chart, this is looking to extend the current bull run that has produced large returns.
As a rule of thumb you shouldn't call tops or bottoms, react to change. However ima give it my best shot for fun. A bullish divergence can be seen for Palladium on the RSI, which has lead to a large bull run comparable to the initial bull run seen, will this come crashing down like the fractal predicts? I'm no Nostradamus but it would make a hell of a trendline....
Looking for further upsides once symmetrical triangle completes final downward wave, breakdown of triangle leaves us with a target at the grey EMA level, which is still very bullish above the parallel channel.
Palladium seems overbought , expecting a deep correction soon.
Palladium (PA), Weekly chart: Resistance zone + Pin bar/Shooting Star candle pattern + Extended divergence on RSI(14) + On Daily chart: Overbought + Divergence on RSI(14)
Pattern: Channel Up on 1D. Signal: Bullish once 1) the price test the Higher Low and 2) completes a -8.65% pull back. Target: 1600.