Waiting For Palladium To Breakout!
Palladium...
After their steep price surge in 2019 and beginning 2020 it is recently stabilizing itself.
I personally believe that this stabilisation isn't sustainable.
So waiting for an breakout is recommended.
I am a bit more bullish than bearish, but i want to wait for the breakout.
Technical:
"Explained above"
-rsi between 50 and 40 over a decent period
Fundamental:
Explained in one phrase: demand will recover fastly.
Best Regards
Christian Georgi
After their steep price surge in 2019 and beginning 2020 it is recently stabilizing itself.
I personally believe that this stabilisation isn't sustainable.
So waiting for an breakout is recommended.
I am a bit more bullish than bearish, but i want to wait for the breakout.
Technical:
"Explained above"
-rsi between 50 and 40 over a decent period
Fundamental:
Explained in one phrase: demand will recover fastly.
Best Regards
Christian Georgi
Transaction en cours
UPDATE: Lack of trading volume makes it hard to determine a breakout direction. But i opened a small long position around 1920.Note
closed my position at 2279. Didn't want to get even more greedy. :DTrade fermée: cible de profit atteinte
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.