PAX Falling Wedge Breakout – Long Trade Setup
🧠 Chart Analysis Summary:
Pattern: Falling wedge breakout spotted — a classic bullish reversal pattern.
Current Price: $13.37
Support Zone:
$13.27 (white line, holding support)
Breakout Confirmation: Price is pushing out of the wedge with a small green move (circle).
📊 Key Levels:
Entry Zone: $13.35–$13.40
Target 1: $13.53 (red line – short-term resistance)
Target 2: $13.72 (green line – wedge target zone)
Stop-Loss: Below $13.25
🎯 Trade Idea (Bullish Bias):
Entry: $13.35–13.40
Target: $13.72
Stop-Loss: $13.25