Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
After dipping 4.6% at two-moth low on Tuesday (29.03.22), to 2032.97, Palladium rose another 4.4% on Wednesday(30.03.22), when the pessimism regarding the peace talks between Ukraine and Russia increased. Russia is the biggest exporter of palladium, responsible for 40% of its global supply. Increased economic sanctions on Russia will deepen the scarcity of the...
PALLADIUM (XPDUSD) has given a breakout from falling trendline and is sustaining above it. We are expecting bulls to continue their attack and break all minor resistance. A buy on dip stance should be adopted with calculated risk one can ride the uptrend. Trade your levels accordingly.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
The chances of it going up is bigger than going down, not sure how much, but I would say 70% to go up
Pattern: Channel Up on 1D. Signal: Buy as the price is rebounding after hitting the 1D MA200 (orange trend-line) and the 1 year RSI Support. You can wait for the MACD Bullish Cross to confirm that. Target: 2950 (top/ Higher High of the Channel Up) and 3300 in extension (1.5 Fibonacci extension as with previous Highs). ** Please support this idea with your...
Pattern: Channel Up on 1D. Signal: As long as the 4H MA200 (yellow trend-line) supports, buy the dips. If it breaks potential prolonged sideways action until the 1D MA200 (orange trend-line) approaches. Target: Trade within the patterns that will be formed. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and...
XPDUSD Broke out of a channel that was the for a loing term, retested the level and looks like it will continue trending upwards to make the 5th wave Share thoughts in comments Like the work and follow for more trade ideas and education
Watch for breakdown on XPDUSD, completing wave C Share thoughts in the comments Like and follow for more content
Hello everyone! Two scenarios I'm tracking for Palladium. The first is the confirmation of the Inverted head and shoulders and bullish from current level, the second is a confirmation of a bearish flag and a bounce back from the dynamic support.
Hi guys! Palladium has touched the dynamic resistance and might retrace from here though the impulse is very strong, hence it might retrace just a bit and continue the uptrend backed by the weak US Dollar due to the Stimulus bill.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Current price 2329.50 is above 2287.99 the highest resistance line found by Tickeron A.I. Throughout the month of 08/17/20 - 09/16/20, the price experienced a +10% Uptrend. During the week of 09/09/20 - 09/16/20, the FOREX enjoyed a +6% Uptrend growth. Bullish Trend Analysis The Momentum Indicator moved above the 0 level on August 31, 2020. You may want to...
If you missed entriy, chance to jump in again See related ideas
Caught a lovely little buy today from 2163, Looking to close around that resistance line of the possible wedge. I'll then be carefully watching to see whether it breaks out or acts a resistance and pulls back to bottom support. Either way, SL past entry..Time to just not let those emotions get in the way, Hold onto some winners and go for a walk. For now B1GFUDG3...
Hi there. Price is forming a possible continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Here the consolidation is condemned to break for the common good, as a diversionary sacrifice. Covid cases will act as the catalyst undoubtedly. The question is only and above all when? For those tracking the breakout momentum is much more on the buyers side, clearly defined jurisdictions are on both sides of the map... As a quick cheatsheet: Strong Support...
This is a hot trading opportunity as price could retest the all time high. +45% from the current level