Short

Intra-day Short Play on Palladium - XPTUSD

Commodities are selling off right due to whole Greece Situation and the sell off China.

This trade is based on the similar concept as the Natural Gas play with expected downside momentum to continue. Only difference is that i'm looking at this from a 4hr intraday chart.

Expected target is around 615.00 along with the corresponding CS levels with it
anticipationanticipatoryCFDdollardowntrendForexfxHarmonic PatternsHarmonic PatternsmoneyPalladiumpalladium_u.s.patterntradingPIPpipspriceactionPROprobabilitiesprobabilityprofessionalismprofitprofitsprojectionprojectionssellingselloffshortshortingshortsetupshort-termshorttermtechnicaltechnical_analysisTechnical Analysistechnical-outlooktechnicalstechniciantrendtrendcontinuationtrendfollowingtrendingTrend LinestrendstrendtradingDJ FXCM IndexXPTUSD