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Technical analysis by parviz1953 about Symbol PAXG: Sell recommendation (7/12/2024)

https://sahmeto.com/message/2219315
parviz1953
parviz1953
Rank: 21154
1.4
Sell،Technical،parviz1953

As drawing shows ,I believe price has reached the upper boundary of bullish channel , it is around the C point of an ABCD pattern ,and it is going down to complete the pattern and at the same time the last arm of a large daily head and shoulder pattern.If it goes as i predicted , the expected target and the " D " point , would be around 2275 - 2250 , nearly 113% to 127% fibo projection of AB arm .

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$2,388.05
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