A consolidation breakdown is possible.
Order cancelled
Consolidation broke through.Note
Trade active
While NASDAQ is moving down, palladium will move. Fundamentally, the demand for palladium is high. Therefore, the target level of downward movement is related to the technological index.Note
Trade closed: stop reached
Result: -150 pips. I remain in my opinion: if there is a signal for a short position, moving down can be very profitable.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.