knowing how palladium likes to move in between the Psychological levels as shown on the chart im looking to see a right shoulder form on the 4H timeframe and show a Bearish Engulfing candle close to the downside rejecting the 1/4 level of 962.500 as shown on the chart to give me confirmation to enter my second position. If price breaks out and closes above the 950 level I would say the bulls are back to play. Any feedback would be great cheers
Trade active
So far so good nearly got tapped out but as expected a rejection to the 1/4 level of 962.500, now were in full motion and hopefully Bears stay in control now. LETS GOOOTrade closed: target reached
well sh*t then. We get em next time lol, first position still running with 50% of profits taken and stop loss moved to BE
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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.