xpdusd .., triple bottom @ 1541.400
Güncellendi
Palladium (xpdusd)
analysis + possible trade setup !
since march 2022 price has been mostly trading to the downside and is currently trading in a corrective rising wedge with supply level @ 2256.200 in control indicating that current market momentum is bearish.
price trading below the support trendline of the wedge pattern but has not yet formed a full OHLC candlestick to confirm breakout and further downside movement.
if this week candlestick closes below support trendline , i will be looking at shorting opportunities of lower time frame supply / violated demand zones now turned supply
short targets all the way down to monthly demand CP @ 1541.400 which is a level that price has tapped into 2 times already but failing to breakout and close below the level.
supply and demand
put together by ; Pako Phutietsile
presented by : currencynerd
courtesy of : TradingView
The Nobel Prize in economics belongs to Satoshi Nakamoto
analysis + possible trade setup !
since march 2022 price has been mostly trading to the downside and is currently trading in a corrective rising wedge with supply level @ 2256.200 in control indicating that current market momentum is bearish.
price trading below the support trendline of the wedge pattern but has not yet formed a full OHLC candlestick to confirm breakout and further downside movement.
if this week candlestick closes below support trendline , i will be looking at shorting opportunities of lower time frame supply / violated demand zones now turned supply
short targets all the way down to monthly demand CP @ 1541.400 which is a level that price has tapped into 2 times already but failing to breakout and close below the level.
supply and demand
put together by ; Pako Phutietsile
presented by : currencynerd
courtesy of : TradingView
The Nobel Prize in economics belongs to Satoshi Nakamoto
İşlem kapandı: hedefe ulaştı
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.