Technical analysis by Mr_Babz about Symbol PAXG: Buy recommendation (12/24/2024)
https://sahmeto.com/message/3096924
Mr_Babz
Rank: 12496
Analytical Power:
1.5

Market Overview:-External Range: Bearish (2651-2584)-Internal Range: BullishKey Zone Identified:-Buy Zone: 2604-2602-Bias: Expecting a bounce from the 15-min Order Block, aligning with internal bullish structure.Trade Plan:-Entry: 2604-2602-Stop Loss: Below 2598-Take Profit: Targeting next key resistance around 2650Confirmation Signals to Watch:-Bullish candlestick patterns (e.g., engulfing, pin bar)-Market structure shift on lower timeframes (5m/1m)-Liquidity sweep below the buy zoneThis setup aligns with Smart Money Concepts (SMC) principles, aiming to capitalize on institutional order flow.💬 Drop your thoughts below and follow for more trade ideas! 🚀📈 #SMC #TradingStrategy #Forex #OrderBlock #SmartMoneyConcepts
Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
15 minutesPrice at Publish Time:
$2,629.36