Palladium FuturesShort
Palladium Peak Hit.. Looking For Short on 4H with HEAD Formation
Updated
PALLADIUM F
Palladium Peak Hit.. Looking For Short on 4H with HEAD Formation
Looking at Long Term Weekly FIBO 1.618 level had been hit, and now shorten 4H Head formation is confirmed.
Looking at Short at this level and Stop above the Weekly FIBO 1.618.
Big Potential down side Reward compare to Stop Level.
Palladium Peak Hit.. Looking For Short on 4H with HEAD Formation
Looking at Long Term Weekly FIBO 1.618 level had been hit, and now shorten 4H Head formation is confirmed.
Looking at Short at this level and Stop above the Weekly FIBO 1.618.
Big Potential down side Reward compare to Stop Level.
Note
Palladium make a downside move from 1538 to 1505 from th time tradeview was Published. Trader who in profit should move their STOP to at least 3 tick below the Entry to protect the profit. If you have multiple entry, You can also take a partial Profit at any point and move the remaining lot 3 tick below the Entry to protect the profit and leave the market to decide how much you can get.Further move of STOP can be done later once the price continue to move in our direction.
Note
Further Lock In Profit and Move Remaining Lot Stop to 1523. Risk Free Trade Now with Profit Taken.Note
Moving Stop to 1494.Note
Stop Move to 1450.. Mid Point of the Long Red Candle. Sweet Trade
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.