Palladium Futures ( PA1! ), H4 Potential for Bearish DropTitle: Palladium Futures ( PA1! ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 1917.5
Pivot: 1744.0
Support: 1656.5
Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly head back down to retest the pivot at 1744.0, where the 23.6% Fibonacci line is.
Alternative scenario: Price may possibly continue heading towards the resistance at 1917.5, where the 78.6% Fibonacci line is.
Fundamentals: There are no major news.
Pa1! (Palladium Futures)
Palladium Futures ( PA1! ), H4 Potential for Bullish RiseTitle: Palladium Futures ( PA1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 1917.5
Pivot: 1744.0
Support: 1656.5
Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the resistance at 1917.5, where the 78.6% Fibonacci line is.
Alternative scenario: Price may possibly head back down to retest the pivot at 1744.0, where the 23.6% Fibonacci line is.
Fundamentals: There are no major news.
PA1! Potential For Bearish ContinuationLooking at the H4 chart, I have a bearish bias for PA1! because the current price is below the Ichimoku cloud, indicating a bearish market. Looking for a potential pullback sell entry at 1838.5, which is the 50% Fibonacci line. The stop loss will be set at 1955.0, which is the 88% Fibonacci line. The take profit level will be 1654.0, which is the recent swing low.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
PA1! Potential For Bearish ContinuationLooking at the H4 chart, my overall bias for PA1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a possible pullback sell entry at 1838.5, where the 50% Fibonacci line is. Stop loss will be at 1955.0, where the 88% Fibonacci line is. Take profit will be at 1654.0, where the recent swing low is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Palladium Potential For Bearish ContinuationLooking at the H4 chart, my overall bias for PA1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 1838.5, where the 78.6% Fibonacci line is. Stop loss will be at 1878.5, where the 61.8% Fibonacci line is. Take profit will be at 1759.5, where the 127.2% Fibonacci extension line is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Palladium Futures ( PA1! ), H4 Potential for Bullish RiseTitle: Palladium Futures ( PA1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 2023.0
Pivot: 1945.0
Support: 1808.5
Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. If this bullish momentum continues, expect price to possibly break the pivot at 1945.0, where the 50% Fibonacci line is before heading towards the resistance at 2023.0, where the 23.6% Fibonacci line is.
Alternative scenario: Price may possibly head back down towards the support line at 1808.5, where the 88% Fibonacci line is.
Fundamentals: There are no major news.
Palladium Potential For Bullish ContinuationLooking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Price has tapped into my buy entry at 33987.06, where the 50% Fibonacci line is. Stop loss will be placed at 34595.51, where the 38.2% Fibonacci line and previous low are. Take profit will be at 35411.35, where the previous swing high is located.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Palladium Potential For Bullish ContinuationLooking at the H4 chart, my overall bias for PA1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy limit entry at 1917.5, where the 38.2% Fibonacci line is. Stop loss will be at 1839.0, where the recent low is. Take profit will be at 2113.0, where the previous swing high is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Palladium Futures ( PA1! ), H4 Potential for Bullish RiseTitle: Palladium Futures ( PA1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 2023.0
Pivot: 1945.0
Support: 1808.5
Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. If this bullish momentum continues, expect price to possibly break the pivot at 1945.0, where the 50% Fibonacci line is before heading towards the resistance at 2023.0, where the 23.6% Fibonacci line is.
Alternative scenario: Price may possibly head back down towards the support line at 1808.5, where the 88% Fibonacci line is.
Fundamentals: There are no major news.
PA1! Potential for Bullish Continuation Looking at the H4 chart, my overall bias for PA1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 1917.5, where the 38.2% Fibonacci line is. Stop loss will be at 1839.0, where the recent low is. Take profit will be at 2113.0, where the previous swing high is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Palladium Futures ( PA1! ), H4 Potential for Bullish RiseTitle: Palladium Futures ( PA1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 2023.0
Pivot: 1945.0
Support: 1808.5
Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. If this bullish momentum continues, expect price to possibly break the pivot at 1945.0, where the 50% Fibonacci line is before heading towards the resistance at 2023.0, where the 23.6% Fibonacci line is.
Alternative scenario: Price may possibly head back down towards the support line at 1808.5, where the 88% Fibonacci line is.
Fundamentals: There are no major news.
Palladium Futures ( PA1! ), H4 Potential for Bullish RiseTitle: Palladium Futures ( PA1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 2023.0
Pivot: 1945.0
Support: 1808.5
Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is crossing above the Ichimoku cloud which indicates a bullish market. If this bullish momentum continues, expect price to possibly break the pivot at 1945.0, where the 50% Fibonacci line is before heading towards the resistance at 2023.0, where the 23.6% Fibonacci line is.
Alternative scenario: Price may possibly head back down towards the support line at 1808.5, where the 88% Fibonacci line is.
Fundamentals: There are no major news.
Palladium Futures ( PA1! ), H4 Potential for Bearish ContinuatioTitle: Palladium Futures ( PA1! ), H4 Potential for Bearish Continuation
Type: Bearish Continuation
Resistance: 1830.5
Pivot: 1945.0
Support: 1759.5
Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly head towards the support line at back down to the support line at 1759.5, where the previous swing low is.
Alternative scenario: Price may go back up and retest the 1st resistance at 1830.5, where the 78.6% Fibonacci line is.
Fundamentals: There are no major news.
Palladium Futures( PA1! ), H4 Potential for Bearish ContinuationTitle: Palladium Futures ( PA1! ), H4 Potential for Bearish Continuation
Type: Bearish Continuation
Resistance: 1978.0
Pivot: 1759.5
Support: 1830.5
Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly head back down to the support line at 1830.5, where the 78.6% Fibonacci line is located.
Alternative scenario: Price may go back up and head towards the 1st resistance at 1978.0 where the 738.2% Fibonacci line is located.
Fundamentals: There are no major news.
Palladium Futures ( PA1! ), H4 Potential for Bearish ContinuatioTitle: Palladium Futures ( PA1! ), H4 Potential for Bearish Continuation
Type: Bearish Continuation
Resistance: 1978.0
Pivot: 1759.5
Support: 1830.5
Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly head back down to the support line at 1830.5, where the 78.6% Fibonacci line is located.
Alternative scenario: Price may go back up and head towards the 1st resistance at 1978.0 where the 738.2% Fibonacci line is located.
Fundamentals: There are no major news.
Palladium Futures ( PA1!), H4 Potential for Bearish ContinuationTitle: Palladium Futures ( PA1!), H4 Potential for Bearish Continuation
Type: Bearish Continuation
Resistance: 1978.0
Pivot: 1759.5
Support: 1830.5
Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly head back down to the support line at 1830.5, where the 78.6% Fibonacci line is located.
Alternative scenario: Price may go back up and head towards the 1st resistance at 1978.0 where the 738.2% Fibonacci line is located.
Fundamentals: There are no major news.
OIL PA1!8.15.22 OIL PALLADIUM : It's much easier to trade if you wait for the setup. Sometimes you don't know the Setup until it happens. You can take that trade too. Palladium can be a very volatile market and it is suitable for Traders the good Instinct and sufficient capital. I framed it with a simple range box and a Fibonacci retracement tool...And an ABCD tool.
PALLADIUM Buy signal to the 1D MA50.Palladium (XPDUSD) has been trading within a Falling Wedge pattern since late March and below the 1D MA50 (blue trend-line) since April 21. With the 1D Death Cross having been formed (when the 1D MA50 crosses below the 1D MA200), the market seems to be pricing a bottom, rather than preparing for a deeper fall. This is similar to the late September - October 2021 Support formation, which gradually rose above the 1D MA50.
As a result, with the 1D MACD also on a Bullish Cross, we are turning bullish on Palladium, aiming at the 1D MA50. Note that the ultimate long-term Support of the 1W MA300 is now above 1600. This is holding since January 03 2017.
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Palladium Futures (PA1! ), H1 Potential for Bearish MomentumType: Bearish Momentum
Resistance: 2418.5
Pivot: 2377.0
Support: 2305.0
Preferred case: We see the potential for a bearish continuation from our pivot level at 2377.0 along with horizontal overlap resistance towards our 1st support level at 2305.0 in line with 161.8% Fibonacci extension, 78.6% Fibonacci projection and -27.2% Fibonacci expansion.
Alternative scenario: Alternatively, the price might break our pivot structure and head for 1st resistance level at 2418.5 in line with the 78.6% Fibonacci projection.
Fundamentals: No major news.
Palladium Futures (PA1! ), H1 Potential for Bearish DipType : Bearish Dip
Resistance: 2421.0
Pivot: 2396.0
Support : 2302.0
Preferred case: We see the potential for a bearish dip from our pivot level at 2396.0 in line with 127.2% Fibonacci extension towards our 1st support level at 2302.0 in line with 61.8% Fibonacci projection.
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 2421.0 in line with 161.8% Fibonacci extension.
Fundamentals: No major news
Palladium Futures (PA1! ), H1 Potential for Bearish DipType : Bearish Reversal
Resistance: 2461.5
Pivot: 2396.0
Support : 2303.0
Preferred case: We see the potential for a bearish dip from our pivot at 2396.0 in line with 78.6% Fibonacci projection towards our 1st support at 2303.0 in line with 61.8% Fibonacci retracement, 100% Fibonacci projection and 161.8% Fibonacci extension. Our bearish bias is supported by price trading under Ichimoku cloud indicator.
Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 2461.5 in line with 61.8% Fibonacci retracement.
Fundamentals: No major news
LBS1! and Lumber4.10.22 PA1! and Lumber : I was really surprised when my students sent me an email showing a huge margin requirement for Palladium. I was a little embarrassed to not realize how high the margin requirements were, so I made some excuses for something I missed, and I gave my perspective on how I would look at this and what it means from a practical point of view. There is a difference between high margin requirements versus realistic risk in your trading account. Personally, I will trade palladium when everything set up and ready to go. If you can't afford palladium because you don't meet the margin requirements, this is no big deal because there are other commodity accounts that require much less margin, and can make you very nice returns with appropriate risk. However this market in palladium is so important because of its clarity in terms of market dynamics, pattern behaviors, and its intrinsic volatility, you still want to follow this because you may very well find yourself trading markets like this when you are more consistently profitable in your trading and have accumulated more capital.