Formation of twin roof pattern and price correctionForm a twin roof pattern and modify it to the points specified in the diagram
XPDUSD trade ideas
PalladiumGood morning starts with a good trade, wolves🔥
One more formation. So get ready
The price multiple times bounced from support and resistance level.
Possible retest of the level is expected.
Follow the chart and look for the best price to enter carefully.
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PALLADIUM AnalysisAn idea suggesting bull continuation for palladium
Price can be seen to be sitting right on 4.618 of a trend that was drawn within the bull structure
This is a possible recovery point
It also aligns nicely when a trendline is drawn across the top of the two circles, providing a possible target
The green lines are strong support areas if the bull idea does not come to fruition
I'm a bit new please be nice Hi can one take a look at the posted idea and let me know what your views/what you think.
Can anyone give any advice on how you can improve on this (I am pretty new to this please be nice).
Very simple stuff but Palladium appears to be in a side trend so thinking place a pending buy or sell order just past the channels/trend lines (taking of the order which doesn't get trigged) and using a 2 ATR stop loss.
Two possible ways to the palladium goThe chances of it going up is bigger than going down, not sure how much, but I would say 70% to go up
PALLADIUM - XPDUSD BULLISH CONTINUATION ON THE CARDSPalladium - Monthly chart is making a come back after falling off the cliff in the past few months. The drop can be viewed as a much needed correction in the overall bullish trend in the metals market. Price action is telling me that palladium prices have found the floor and now price looks set to bounce back up to possibly new highs in the next coming months to years.
PALLADIUMIt may seem that PALLADIUM wants to grow. As you can see from the chart mini-downtrend has been broken with a large "bullish" candlestick. Maybe right now it's the momentum to enter. Good luck in trades, buddy.
Disclaimer: It's not financial advise and the theory is only subjective meaning of a curios trader.
expecting continued dipPrices so far have followed relatively the same pattern as predicted before. It will mostly likely retrace a bit and continue downward before reversing log term again.
PalladiumMonday, 1 October 2021
3:00 AM (WIB)
I would like to open purchase order on Palladium when the price around and near $1.908 area. My target to 0.618 F zone depending on how market reaction on this structure. I see 8% profits on Palladium should be take precisely.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Palladium || XPDUSD || Double Bottom || RR 10xThere are two TP levels; TP1 is safer - more of Throwback price to Throwback.
Chart pattern (?Reversal) herein, is somewhat similar to what is progressing on EURUSD, USDDKK, EURHKD.
It's tricky. Shine ya' eyes.
I used an fx calculator for this--
!! It's palladium not Euro/Usd. That Stop Loss might be more expensive than you thought.
Excellent window of opportunity in PalladiumGood afternoon all!
There seems to be a possible break of the channel structure currently in motion in (XPD) Palladium.
We have been witness to a series of nice impulsive and correctives whilst the channel has been in play but it seems, to us anyway, that the channel could be coming to a potential turning point in the market.
Should price complete a full breakout via the breakout and retest rules, beliefs are that price could have a surge to the upside testing highs in the region of 2120.00 and beyond.
There are however several pockets of liquidity along the way in this rise that the bulls could fall trap too so keep your eyes peeled for the breakout and retests of each individual technical level.
This could offer a great r/r if played out correctly.
If price however forms a bearish breakout/ retest of the 200EMA, it will be utlimately invalidate the long bias but equally at the same time, offer a bearish channel continuation opportunity that could have equal merit offering, again, an equally good r/r with a multitude of target levels to aim for.
PalladiumWednesday Morning, 20 October 2021
6:19 AM (WIB)
This is the most interesting ROI with very high risk result. The profits more bigger then Crude Oil and Platinum also Silver. And since the price breaks out from first resistance, I still kept my purchase orders even it hit $2.200. I don't want to wasting time with intraday trading on this. So, I try to review the chart and found beautiful head and shoulder with the most possible to hit back $2.030 area. In this area, I decide to open purchase order again because I believe the Golden Cross in 4 Hours Trading Session, will bring the price fly away high to breaks out the third resistance. But when the formation declines, I will do nothing. And still, the probability for the price to move higher is bigger than fall.
Keep watch and Notes.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
PalladiumWednesday, 13 October 2021
21:46 PM (WIB)
Palladium declined to form Head n Shoulder from the resistance. But prefer to choose upside move with using 1 F as the great confidence to breaks out the highest price that I expect to be at $2.400 to $2.500. Fascinating strategy from Bulls. At this stage, I need to be careful with counter fall, because the price could be testing the highest resistance at $2.175. Since the price moving above middle lines, the buyers intensity of confidence at very high performance.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
PalladiumFriday, 8 October 2021
19:12 PM (WIB)
Palladium since breaks out the first resistance running high with direction to second resistance which it seems as strong resistance at that point. As I said before, I will wait for the price to breaks out that resistance. But, when it comes fall again, I will prepare for another purchase order at first resistance that is going to be as strong support lines.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
PalladiumFriday, 8 October 2021
2:27 AM (WIB)
Palladium just broke up the first resistance with forming an inverse head and shoulder at the ground. I will keep my purchase order until the price reach the second resistance.
At that point, I will try to open sell order. But when the price breaks out the second strong resistance, I will hold my order for long term transaction.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
PalladiumWednesday, 6 October 2021
20:12 PM (WIB)
Palladium just broke $1.848 and still, I'm not interest to open order right now. My expectation is the price should move to the lowest point at $1.820. Where in this price there's huge buyers will set up their purchases. So, I will set up once it touch my Golden Zone Area.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Long Palladium, catch dropCatch palladium rise after drop at price 1925.92, stop loss below 1885.69, take profit at 2047.40..
PalladiumMonday, 27 September 2021
13:36 PM (WIB)
Palladium seems has already developing bullish move with more possibility to breaks up the descending downtrend. I'm expecting the price chart rise into 0.5 F
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
PALLADIUM Best long-term buy opportunity.Palladium (XPDUSD) has been trading within a Fibonacci Channel and is turning into one of the best long-term investments as the price is approaching the MA200 (orange trend-line) on the 1W time-frame. This level has been in support ever since XPD broke parabolically to the upside (January 2017). At the same time, it happens to be resting exactly at the bottom of the Channel (Fib 0). Another indicator in support of a rebound is the CCI which is the nearest it's been to the June 2015 Support level.
As you see on this long-term chart, the potential growth of Palladium is immense as a break above the May High can trigger a parabolic rally towards the 3.0 Fibonacci extension (that happened with Fib 1.0 to Fib 2.0 in 2020. We are adding Palladium to our long-term portfolio.
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Bearish Pennant on XPD/USD @ D1There is a medium-term swing trading opportunity presented by a bearish pennant on the daily chart of XPD/USD (Palladium CFD). It provides a bearish breakout trading setup. The pennant and its pole are marked with the yellow lines. My potential take-profit level is marked with the green line (1641.16). My potential stop-loss level is marked with the red line (2173.27). A short trade can be entered once a daily close well below of the pennant's lower border is registered.
PalladiumTuesday, 21 September 2021
15:04 PM (WIB)
Palladium's Bears just hit $1.818. It broke down the $1.907. This move open possibility the price will fall more deep into 0.786 F or even lower. What's bring Palladium's price on the market fall so far away? From $3.000 to $1.818? I need to find out why and keep watch the movement.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
PalladiumFriday, 17 September 2021
13:28 PM (WIB)
Palladium has been a long time in Bearish mode with hit new lowest low at $1.907 - $1.912. The chart structures seems Bearish Impulsive is near of the end of the road, and shift into bullish sign of movement. Once the price return to the new lowest low area and creates double bottom, I will open purchase orders at these spot.
