TradingOn

$PAXG/USDT 3D (Binance Spot) Big falling wedge breakout

Long
TradingOn Updated   
BINANCE:PAXGUSDT   PAX Gold / TetherUS
Paxos Gold (as known as XAU)

Entry Targets:
1) 1804.73

Take-Profit Targets:
1) 1999.64
2) 2219.83
3) 2585.34

Stop Targets:
1) 1707.04
Trade closed: target reached:
Take-Profit target 1 ✅
Profit: 10.8% 📈
Period: 10 Days 5 Hours 42 Minutes ⏰
Trade closed: stop reached:
Remaining position hit SL with -5.41% (1x) and -1R

After grabbing up to +13.01% profit, Paxos Gold pulled back hard then lost 50MA support.
Too bad we got stop hunted on that last wick down, higher targets are still in play for long-term!


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.