Palladium / Long
Today we see a first attempt to reverse the current bearish trend. We have a breakout attempt on the 2 hour frame. It is worth trying Buys, for SL we can choose a value around 900 (880 conservative)!
Note
May More Sure entering, IF the price Break 960 level with Whole Body Length only !!!Transaction en cours
Currently there is still no confirmation of a 2 hour frame for a reversal, so to be on the Safe side, if we are already in Buys at the first good zone for TP 980, we can Close at least half of the position and for the rest carry the SL to our Entry .
Because the price can easily continue down to the Next two Support zones: 880 and 820.
Note
In This place Now 1043, It's not bad to Close 1/2 or 2/3 of our position (the profit is good over 100$ per OZ) !Ordre annulé
If you are still holding a long position, I think it is better to close it. A suitable area to do this is 996-1010. From there, it is very likely that the price will reverse direction and make a new LL, below 920.
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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.