JonnyShear
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since Nov 23, 2016
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DShort
A key channel that palladium has been in broke after testing it yesterday, waiting on confirmation then shorting with a target at the support line
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After completing the move up from the support line a bounce off the 0.236 residence line could see a move back down to test and possibly break the trend line. This 0.236 line has proved to be a strong technical indicator recently.
2
Watch for break out of key resistance at the upward trend, with a retracement down to the 0.786 possible if a break of the 0.5 line occurs.
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