After a long bull run, Palladium had a much needed correction. Upward price movement could resume soon to escape the bullish pendant or it could test 200MA (roughly 61.8 fib level) before leaving the pendant.
Nota
Great movement out of downward pendant. I can see 1.618 Fib level being reached after a few months.
Trade ativo
I see further upside after a slight correction (due to oversold RSI).
Nota
Nota
Will uptrend continue?
Nota
I think it will respect the pendant if it bounce off that lower support, so far looking like it could:
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.