Palladium is about to finalize its Corrective B Cycle (black) and showing significant signs for a Reversal towards Cycle Wave C (black).
Current Price Action is located within the Vibration Levels of Primary B (red) of Cycle A (black) and we can spot a Major Resistance at this Important Levels.
Palladium is finishing up the Bullish Cycle, Primary C (blue) unfolding as a Leading Diagonal and the Bearish Divergence is present.

The Bearish Divergence has joined at:
– 78.6% Fibonacci Retracement of Cycle Wave A (black)
– 161.8% Fibonacci Extensions of Primary Waves A&B (blue
– Major Consolidation Area, Point of Interest, Vibration Levels

Palladium SHORT Positions:

Divergence Entry Levels and Limit Orders:
Aggressive – 810.00
SL – 864.00
Conservative – 832.40
SL – 890.00

TP1 – 700.00
TP2 – 640.00
TP3 – 520.00

Very Conservative way:
– Entry only after Bearish Breach of Leading Diagonal Trend-Line
– Watch for Flag Formation on Trend-Line