in a daily uptrend breaking the weekly downtrend. 240 structure is at decision point - once confirms directions can be a good trade - will keep an eye on this one - happy trading!
An engulfing candle whilst oversold and above the 50 sma indicates price may make new lows. Forming on weekly resistance as well as a 61.8 retracement adds more confluence to this trade. I am targeting price to move back to Monthly support which is also a -38.2 retracement.
Palladium has an interesting chart, and bullish potential. Right now there's an active 'Time at mode' signal which points to a 7 bar decline which is already active. The time and price target implies that we will see 600.556 hit by November 3rd or sooner. If that doesn't happen, we get a bullish signal.
There's already a bearish failure, since bears didn't manage...
PRICING REACHING THE 625.00 ZONE IF WE GET THE RIGHT TYPE OF BULLISH PRICE ACTION IN THIS ZONE LOOK TO GO LONG AND TARGET THE 720.00 ZONE.
MACD SHOWING DIVERGENCE AND STOCH VERY OVERSOLD
Palladium is offering great potential here, with odds of getting you into a long term uptrend if you go long next weeek.
Risk is a drop under 616.16, so buy dips and add on a breakout of last week's high with the same stop loss.
The long term chart shows potential for a quarterly/6-month timeframe uptrend signal, so this makes Palladium particularly...
Hi,
My XPDUSD Sell Trades have reached +620 and +440 pips of profit for now. Let them run for more.
I waited patiently for many days and they are going to pay me very well.
I am a trader of profiting.me
Thank you
Girolamo Aloe
