The Palladium / US Dollar pair (XPDUSD) 4H Diagram Technical Analysis Training shows the following:
The XPDUSD pair has made a decline from 881.7. The support line is above the KUMO so we are on a bullish mode. The daily diagram is neutral.
So the first think in mind is that XPDUSD pair will move or not towards to support line - Tenkan Sen. MACD is marginally on a bearish sigh and RSI is turning downtrend.
We have no special candlestick pattern. The pair is above the KUMO, above the Tenkan Sen (Green line) and Kijun Sen (blue line) too. The pair is above the EMA 200 (4H).
There is no special pattern. The fib fro 840 to 881,7 (projection) shows a support at 871.8.
Short for 871.8 first. Stop loss 877.6. Watch the support line for further movements.
The XPDUSD pair has made a decline from 881.7. The support line is above the KUMO so we are on a bullish mode. The daily diagram is neutral.
So the first think in mind is that XPDUSD pair will move or not towards to support line - Tenkan Sen. MACD is marginally on a bearish sigh and RSI is turning downtrend.
We have no special candlestick pattern. The pair is above the KUMO, above the Tenkan Sen (Green line) and Kijun Sen (blue line) too. The pair is above the EMA 200 (4H).
There is no special pattern. The fib fro 840 to 881,7 (projection) shows a support at 871.8.
Short for 871.8 first. Stop loss 877.6. Watch the support line for further movements.
