Palladium / Potential move to the upside from demand zone ?Hey traders
We have Palladium with a potential move to the upside from demand zone, it has dropped all of last month to reach this area, I am expecting the push back up into supply area marked off on chart.
1 -3 RR
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This chart material is for education purposes only / Demo account should be traded only
Palladiumforecast
Palladium: Early Bird? 🐦Primarily, we expect Palladium to move downwards once more to dive into the yellow zone between $1176 and $1088. There, it should finish wave v in green as well as wave (b) in blue before taking off in the direction of $1577. However, there is a high 48% chance of the metal being an early bird. In that case, Palladium would have already concluded wave Alt.v in green and would thus directly start the ascent, skipping the yellow zone.
XPDUSD LONG - Buy Entry - D1 ChartXPDUSD 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
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Palladium: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Palladium.
The chart is self-explanatory. Palladium Price has been moving up a Rising Channel recently but the overall trend looks like a Bearish Divergence. Since the RSI was recently supported by a support line, the price has the chance to keep moving higher, however if the price breaks down from the Rising channel, it may come down to the 0.618 Fibonacci Retracement level where the measured move is as well as that area being a strong Support and Resistance zone. If price moves up from the rising channel, expect it to be met with resistance at the multi-year resistance line.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Palladium - Incoming Wave 2 Correction - Short!Palladium completed its wave 1... Short-term Correction wave 2 is expected to drag the price up to the 1965.00 range.
given chart invalid if price exceeds 2698.61 in the short term. TVC:PALLADIUM CURRENCYCOM:PALLADIUM CAPITALCOM:PALLADIUM OANDA:XPDUSD NYMEX:PA1!
Educational Purpose Only! Do Analys before taking a position!!!
PALLADIUM DAILY BUY SET UPHi TRADERS this is my trade set up for PALLADIUM for the new week ahead
PALLADIUM I am expecting a break above the 22066.50 level , so I am only looking for a buy trade after this break out
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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XPDUSD LONG - Buy Entry - H4 ChartXPDUSD LONG - Buy Entry - H4 Chart
Symbol: XPDUSD - Palladium
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Entry Price: Buy @ Limit 1747.61
Stop Loss: 1701.60
Take Profit: 1878.90
Take Profit: 1943.31
Major Resistance @ 1812.02
🔺 DISCLAIMER
🔺 For educational informational purposes only.
🔺 Analysis may change at any time without notice.
🔺 You must research and create your own trading plan.
PALLADIUM AnalysisAn idea suggesting bull continuation for palladium
Price can be seen to be sitting right on 4.618 of a trend that was drawn within the bull structure
This is a possible recovery point
It also aligns nicely when a trendline is drawn across the top of the two circles, providing a possible target
The green lines are strong support areas if the bull idea does not come to fruition
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