Palladium - Intraday - We look to Sell at 1978.8 (stop at 2002.1) Previous support at 1980 now becomes resistance. Short term bias has turned negative. Preferred trade is to sell into rallies. 1985 has been pivotal. Our profit targets will be 1921.1 and 1911.1 Resistance: 1940 / 1960 / 1980 Support: 1915 / 1900 / 1880 Risk Disclaimer The trade ideas...
Palladium - Intraday - We look to Buy at 2036.1 (stop at 2011.1) Short term momentum is bullish. A lower correction is expected. Previous resistance, now becomes support at 2040. We look to buy dips. 20 4hour EMA is at 2031. Our profit targets will be 2098.6 and 2108.6 Resistance: 2105 / 2130 / 2150 Support: 2075 / 2040 / 2020 Risk Disclaimer The trade...
Palladium - 11h expiry - We look to Buy at 1822.3 (stop at 1798.9) A bullish reverse Head and Shoulders is forming. Bespoke support is located at 1820. We look to buy dips. The bullish engulfing candle on the daily chart is positive for sentiment. We look for a temporary move lower. Our profit targets will be 1879.8 and 1884.8 Resistance: 1880 / 1900 /...
There is a series of lower lows and lower highs in the chart of different time frames including 1D,4h, and 1w. It shows the overall downtrend of XPD according to DOW theory.
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XPDUSD LONG - Buy Entry - D1 Chart - Palladium Buy @ Market Symbol: XPDUSD - Palladium Timeframe: D1 Type: BUY Entry Price: Buy @ Market TP - Resistance @ 3179.58 TP - BE - Resistance @ 2704.59 Support @ 2443.23 W1 Support @ 2300.05 PP Y1 - Pivot Point Yearly @ 2141.43 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up...
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.
Palladium - Monthly chart is making a come back after falling off the cliff in the past few months. The drop can be viewed as a much needed correction in the overall bullish trend in the metals market. Price action is telling me that palladium prices have found the floor and now price looks set to bounce back up to possibly new highs in the next coming months to years.
Hello everyone , as we all know the market action discounts everything :) The XPD/USD seem to continue its movement in an upward channel, there are 3 different scenarios that am seeing the right now : 1_The price will drop down to the old resistance line which is the support line now at 2712.474 and then bounce back up and maybe breaking the new resistance line...
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
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...
Possible falling wedge on XPDUSD Included a critical point which is adjacent to Fibonacci spiral Buy on breakout of wedge at critical point or earlier.
Palladium has produced a bearish divergence, followed by a possible bullish divergence, yellow fib EMA has been a clear support for some time for this bull run, lets see if it holds again. Currently stuck in between a strong horizontal support.
Looking at the wicks where price has on the daily chart, it looks as if price has rejected that point and wants to go down. However, decides to go up and break resistance, you should expect some kind of impulse.
#XPDUSD Pending Sell Order. Waiting for a price action confirmation signal! Good Luck
XPDUSD's daily close yesterday has confirmed my trade analysis with the ascending channel of the metal commodity. With temporary supports just ahead, will this metal commodity continue its decline to the bottom of the ascending channel?
Whilst looking up at my trades -- and the technical outlooks -- of the market beforehand the NFP, several of them suggested a further decline on the Dollar. Meaning, bad NFP number; an increase on the annual wage growth would then be the only data that could save data. But no... NFP sealed the fate of Dollar. Beforehand the actual release of the data, I entered...
I am expecting a short term break down. Further details are explained well on the chart.