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$PAXG/USDT 1D (#Bybit) Rising wedge breakdown and retest
PAXGUSDT Perpetual Contract
Short
$PAXG/USDT 1D (#Bybit) Rising wedge breakdown and retest
By TradingOn
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Updated
May 30, 2023
2
4
4
Apr 17, 2023
Paxos Gold just printed a double top + bearish engulfing, looks ready for a leg down towards 50MA support.
⚡️⚡️ #PAXG/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (12.0X)
Amount: 8.6%
Current Price:
2010
Entry Targets:
1) 2023
Take-Profit Targets:
1) 1945
Stop Targets:
1) 2062
Published By: @Zblaba
PAXG
#PAXGUSDT #Paxos #Gold #PaxGold #XAU #PreciousMetal
paxos.com/paxgold
Risk/Reward= 1:2
Expected Profit= +46.3%
Possible Loss= -23.1%
Estimated Gaintime= 3-4 weeks
Apr 18, 2023
Trade active
Entry filled
May 30, 2023
Trade closed: target reached
PAXG
ended hitting our target with +2R after almost stopping us out, printing 2 evening stars in a row!
Candlestick Analysis
Gold
Moving Averages
ORO
PAXG
paxgold
PAXGUSDT
paxos
preciousmetal
Wedge
XAU
XAUUSD
TradingOn
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