XPDUSD: Monitoring the decline
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Palladium has an interesting chart, and bullish potential. Right now there's an active 'Time at mode' signal which points to a 7 bar decline which is already active. The time and price target implies that we will see 600.556 hit by November 3rd or sooner. If that doesn't happen, we get a bullish signal.
There's already a bearish failure, since bears didn't manage to replicate the range of the decline that happened 3 days ago, so it's likely to see a reversal here.
Keep an eye on it. I'll update it once it's safe to go long.
Good luck,
Ivan Labrie.
There's already a bearish failure, since bears didn't manage to replicate the range of the decline that happened 3 days ago, so it's likely to see a reversal here.
Keep an eye on it. I'll update it once it's safe to go long.
Good luck,
Ivan Labrie.
Nota
You can now trim the stop loss distance and keep a stop at 611.011, and add more to keep risk at 1% total. Last: 627.232Nota
Nice move, you may add on dips to 627-628, stops can be all at the same place, or you could move all stops up to 620.Trade chiuso manualmente
This is a good time to exit longs.
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