Palladium forming Bullish Cypher

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Palladium Futures (Jun 2017) (NYMEX:PAM2017)

업데이트됨

NYMEX:PAM2017 Palladium Futures (Jun 2017)

June Palladium is forming a bullish Cypher as it looks like we may see a triple top progression higher. RSI broke last week and Open Interest is starting to rise again. Next upside target 798 resistance and triple top, with target 804 forming 113% FIB. If fail, this might turn to bullish Gartley.

코멘트:

Palladium now in Cypher extension target 818.15. 141% being top. Could continue higher as no reversal indicator made

코멘트:

Palladium ended its run for Cypher Extension and fell today. Looking for a retracement to 776.85, 50% FIB, 766.20 support, and possible run to trend line 761. Very bullish market with no end sight yet.

코멘트:

Palladium went doji at end of trading. Looking for a bullish Flag tomorrow. Caution should be undertaken as either sell or buy could be in the cards.

코멘트:

Palladium rose today. Looking for double top today or tomorrow.

코멘트:

Palladium continues climb and formed a wedge pattern suggesting further upside. Still watching for a double top possibly Monday/Tuesday if market does not falter.

코멘트:

Palladium reached double top status today and trade back. Possible tweezer top tonight and into tomorrow. Continued buying beyond double top is still possible.