Technical analysis by RT_Money about Symbol PAXG: Sell recommendation (7/2/2022)
https://sahmeto.com/message/2704661

RT_Money
Rank: 2678
Analytical Power:
2.1

Price has swept the low for LQ, and now pulling back for a correction, as expected. The noteworthy point to make is, it took out a demand zone in the process. Now, price is pulling back to the supply zone that broke the demand. It is a potential "demand2supply flip." I love these. I am looking for a sell setup as price enters the supply.No setup, no trade.Price could potentially go for a deeper pullback, breaking the supply zone . So, I will only take the short after confirmations.The target will be the low of the pullback, and further down to the blue line.Hit Target #1. Target #2 is where I am looking next.
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Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$1,810.99