Technical analysis by Ily14 about Symbol PAXG: Buy recommendation (8/4/2022)

my confluences; d; the big trend is bearish 4h; bullish ( for a quick intraday trade imma follow the 4h trend)broke the range zoneprice broke above resistancebroke the previous HH with high momentum above 50/20emas 1h long wick rejection .15m my entry was on the close of an engulfing candle sl; previous swing tp; nearest s/r a quick one price may reverse on me at any moment cus its a counter trend trade RM; risk; always 1% or less rrr; the mini target 3.1PSY;protect capital first then make money secondalways manage ur risk vs reward be patient on ur setups advice; when the position is on profit trailing stops and scaling onto the trade while letting previous once risk free.