palladium futured breakout. this is an idea for long term swing in palladium.
palladium futured finaly broke out on a down trend line.
as you can see - first target is at 1127.
2nd tp level is at 1253.
Related commodities
Palladium - M chart On the chart:
-macd
-price action
-rsi
-bottoming volume bars
Rationale for upside move:
-rsi smooth bottom, turning up
-volume increasing
-smooth cup forming on price action
bullish head and shoulders last 3 candles daily chart palladiumbullish heads and shoulder palladium should get at least next fibonacci level (0.55) 2151.
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Micro Palladium Futures is 1,136.5 USD — it has risen 2.85% in the past 24 hours. Watch Micro Palladium Futures price in more detail on the chart.
Track more important stats on the Micro Palladium Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Micro Palladium Futures this number is 0.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Micro Palladium Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Micro Palladium Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Micro Palladium Futures technicals for a more comprehensive analysis.