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Technical analysis by Elliottbaba about Symbol PAXG on 2/4/2024

https://sahmeto.com/message/3324096
Elliottbaba
Elliottbaba
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A corrective 3 waves move labelled as ABC • Subdivision of wave A and B is in 3 waves • Subdivision of wave C is in 5 waves impulse / diagonal • Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double three, triple three • Wave B of the 3-3-5 pattern terminates beyond the starting level of wave A • Wave C ends substantially beyond the ending level of wave A Fibonacci Ratio Relationship • Wave B = 123.6% of wave A • Wave C = 123.6% – 161.8% of wave AB

Translated from: English
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$2,018.41
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