Palladium / Reversal Time - New Bullish Trend started
I think the long-term bearish trend is over and we saw the bottom at $836. After a solid 8 month consolidation, the uptrend has started. In the first stage I have indicated the three most likely targets, and for me the main one is the last one around 1240-1250.
Please, comment and share your opinion!
Please, comment and share your opinion!
Note
TP1 1088 reached...Note
the correction down is almost finished, we may start buying again.
price now - 1008 $
Trade active
the price may easily move to TP3 (1250-1300). The movement have a potential to test the higher level /1380-1400/, too.Note
TP2 1182 reached!Note
TP3 /area:1240-1250/ Reached 1247.55Trade closed: target reached
the trade is completed!
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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.