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TheSignalyst
26 okt 2021 09:17

PALLADIUM - Potential Bullish Reversal! Lång

Palladium FuturesNYMEX

Beskrivning

Hello TradingView Family, this is Richard, if you like the idea, do not forget to support with a like or/and comment.

PA1! is sitting around a strong support area and round number 2000.0 so we will be looking for buy setups on lower timeframes.

on H4: PA1! is forming a wedge pattern in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)

Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)

Meanwhile, until the buy is activated, PA1! would be overall bearish can still trade lower.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
Kommentarer
shahab6906
bnb1zzw3jd5kjxhkny92sd4at0fayzvpfsj432e50x
TheSignalyst
@shahab6906, please don't share your address here!
FX_Professor
I Love this idea man. Thumbs up
TheSignalyst
@FX_Professor, glad to hear that Kyriaco!
Sobhan_23
It can be a long term trade too,it’s trading at the June 2020 price!
TheSignalyst
@Sobhan_23, right Sobhan
Delta_Forex_
nice Trade
TheSignalyst
@Delta_Forex_, thank you Delta
kimstandgraph
Good idea. Thank you
AtlasTrades
awesome thanks for sharing I agree
Mer