Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
$PAXG/USDT 1D (#Bybit) Rising wedge breakdown and retest
PAXGUSDT Perpetual Contract
Short
$PAXG/USDT 1D (#Bybit) Rising wedge breakdown and retest
By TradingOn
Follow
Follow
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
Follow
Also on:
Related publications
$PAXG/BTC 8h (Binance Spot) Descending trendline breakout
by TradingOn
$PAXG/BTC 12h (#BinanceSpot) Ascending channel on support
by TradingOn
$PAXG/USDT 3D (#Binance) Symmetrical triangle near breakout
by TradingOn
$PAXG/USDT 1D (#Bybit) Descending trendline on resistance
by TradingOn
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.