Palladium - Potential for some more upside action

PALLADIUM
After a massive dump, over 6% on the 11th Nov, we are seeing great support at $2300 to $2350.

Based on the MACD and the RSI indicators, we can conclude that the downside risk is lowered and the momentum is shifting back to the upside.
Great entry points for a potential breakup are between $2330 to $2350.

Break up take profits are as follows:
TP1 - $2391
TP2 - $2415
TP3 - $2490 (Back to last weeks swing highs
Stoploss - $2301 (Just below the dump)

If the DXY (DXY) breaks up above $23 and closes (4hr or D1) then this trade will be under pressure and should reconsider.