4 TP levels
Actualizado
For the palladium there could be a very long journey to the south. If I do not see a closing price above 1599,866 on H4 basis, then I go shortwith SL above last week's high.
1. Initial confirmation for falling prices would be Break and Close below 1541.40.
2. The second confirmation would be closing price below Tenkan on a weekly basis at 1473.7
3. The third confirmation is when the SMA 50 passes through the cloud.
Even if prices continue to rise, this setup would not be completely discarded, just postponed a bit.
1. Initial confirmation for falling prices would be Break and Close below 1541.40.
2. The second confirmation would be closing price below Tenkan on a weekly basis at 1473.7
3. The third confirmation is when the SMA 50 passes through the cloud.
Even if prices continue to rise, this setup would not be completely discarded, just postponed a bit.
Nota
Everything is going very well so far. I'm doing the first part sale around 1419.Nota
1419 reached. Have made first partial sale.Nota
1344.65 also reached!Nota
Throughout history, such a case has never been seen. Totally crazy.Nota
The hardest part of trading is to wait until goals are achieved. Since March, 3 targets have been reached. Palladium needs a lower low next month, so I'm waiting for the fourth target, then bullish again.
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