Currently on the SC02 M5 timeframe, a pending sell order is forming. The entry point is located within the key support zone (LVN), unaffected by any weak areas, which adds to the validity of the order.
In terms of risk management, the expected stop-loss is set at around 0.85%, which is relatively tight. The current downtrend has already run through its 157th cycle, with a retracement of -5.48%, indicating that this decline has already covered a significant range. From a cyclical perspective, the market is digesting the previous gains, and the bearish momentum should not be underestimated.
The overall logic is clear: key levels, defined stop-loss, and cycle coordination. This setup is worth paying attention to. The subsequent focus will be on whether the support can be effectively broken and whether trading volume follows through.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
6
Repost
Share
Comment
0/400
RunWhenCut
· 7h ago
Whether the support breaks or not is the key; if the trading volume can't keep up, it's all pointless.
View OriginalReply0
BoredApeResistance
· 7h ago
This round of palladium shorts looks okay, but the 157 cycle is a bit long, I'm worried about getting trapped.
View OriginalReply0
HodlVeteran
· 7h ago
0.85% stop loss? Bro, are you joking? I got my account wiped out back then because of such tight stop losses. Now seeing this number gives me a bit of PTSD.
It's okay if the support holds, but once it breaks, your position could turn into a total loss in minutes. I really don't dare to go all-in anymore.
View OriginalReply0
FadCatcher
· 7h ago
Here comes palladium again. This wave of shorting is indeed quite interesting.
Wait, a 5.48% drop over 157 cycles—it's really a significant move.
A 0.85% stop-loss is so tight; it's all about whether the direction is correct.
View OriginalReply0
GasFeeBarbecue
· 7h ago
Still waiting for the pump, huh? This time, the 157 cycle bearish trend is indeed a bit fierce.
A 0.85% stop loss is really precise; just worried about a sudden black swan.
Volume is the key. I believe in your order.
View OriginalReply0
OnchainUndercover
· 7h ago
This position is indeed very tight, with a 0.85% stop loss being very strict. It all depends on whether it can successfully break through the support.
Precious Metals Trading Opportunities Observation: XPD/USD Technical Highlights
Currently on the SC02 M5 timeframe, a pending sell order is forming. The entry point is located within the key support zone (LVN), unaffected by any weak areas, which adds to the validity of the order.
In terms of risk management, the expected stop-loss is set at around 0.85%, which is relatively tight. The current downtrend has already run through its 157th cycle, with a retracement of -5.48%, indicating that this decline has already covered a significant range. From a cyclical perspective, the market is digesting the previous gains, and the bearish momentum should not be underestimated.
The overall logic is clear: key levels, defined stop-loss, and cycle coordination. This setup is worth paying attention to. The subsequent focus will be on whether the support can be effectively broken and whether trading volume follows through.