PALLADIUM trade ideas
Palladium - $/oz 1.030 TargetPalladium is in my opinion in a broad correction wave, within which it should now come to a price increase to $ / oz 1.030. There, in the favored scenario, the wave B could end and within the framework of the wave C with new lows up to $ / oz. 870. Alternatively, a (a) (b) (c) (d) (e) formation forms before the wave C starts.
A bullish scenario will only start at $ / oz. 1,090.
Greetings from Hannover in Lower Saxony
Stefan Bode
Palladium - waiting for wave upYou can check trade full fundamental and technical analyses in YouTube
Palladium short, H4Short term trade
Price is at daily support level
Monthly is trending bullish with strong momentum
Weekly & Daily are choppy/range with no clear trend
H4 is bearish and is over-extended from Moving Averages. Looking for a retracement (Fib 61.8%) till 1000 levels for a short entry.
Potential Trade setup: Target 1 will be 990 and Target 2 will be 980 and SL will be in 1020 levels.
Palladium taking the Copper’s leadPalladium breaking the symmetrical triangle and running into the neckline
Palladium has continued to rally with breaking the symmetrical triangle resistance trendline, and the forthcoming neckline widely spread between 1057$-1065$. Since the daily and weekly oscillator has picked up and bullish break through the neckline could open fire to1100$ it’s 100.0 fe, in the medium term. The supports are at 990$, 966$ and 940$.
Finally, the price has soared above 1000$ per ounce and closed above, for the first time after April 2018. Earlier in mid-May, we tweeted the bullish sign and still retain the same view.
Palladium considerations (XPDUSD)This is one to watch...longterm I am bullish, but things might get choppy.
Time to buy?Schiff fork guiding the way so far. Possible big inverse H/S. $GLD $TLT $DXY $EURUSD $USDJPY
Are we going to extract the big money from the Palladium againYou can check trade full fundamental and technical analyses in YouTube
XPDUSD Short Trade SetupHello traders.
I think down move is either a weekly correction or daily correction or impulse. In any case, there is a big potential for more downside. That's why I'm looking for short trade setups. I have an entry order because the structure looks like a correction so far. In the meantime, I'm waiting for the breakout and a correction to take a short trade. If I can take any, I will remove the entry order. Target is not clear, leave it empty.
XPDUSD Short Trade SetupHello, traders.
I think down move is either a weekly correction or daily correction or impulse. In any case, there is a big potential for more downside. That's why I'm looking for short trade setups. I have an entry order because the structure between yellow lines looks like an expanding flat. Target is not clear, leave it empty.
Poss buying opp. for Palladium.Price seems to be forming a potential ABCD pattern. Keep close eye out on this pair. Would bring sl to break even once price hits the .382 fib extension level.
XPDUSDElliot wave price action ended in falling wage pattern. Break out of falling wage leads to correction moves
XPDUSD (Palladium US Dollar)Selling based on Elliot wave theory and crossover of 100MA and 200EMA + divergence on stochastic at overbought level.
PALLADIUM/U.S. DOLLARSimple support resistance trade gives next buy opportunity as resistance will turn to support
