Noldo

Palladium : Remember, You only have One Bullet...

Long
OANDA:XPDUSD   Palladium CFD's
Hello !
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Let's start.

This is a one-try trade only.

XPDUSD 1W Chart :


Momentum seems to be slightly weakened, but the trend can be incredibly strong, misleading.
Our Risk / Reward ratio is 1/3

COT Position Status :


There are big reductions in positions here, but my opinion :
Short should only be considered for a permanence below Fibonacci 0.618.

And there is an incredibly forceful trend based on supply - demand.
This will continue violently in all directions for a while.

Parameters on Chart Presentation.

NOTE :

We definitely stop trading at these levels, including 2294 stop-loss.
For those who are at the computer: There may be under 2294 closings.

We definitely don't get stubborn under these places.

Best regards.
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