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Technical analysis by pookie111 about Symbol PAXG on 6/4/2024

https://sahmeto.com/message/3358398
pookie111
pookie111
Rank: 11942
1.5
،Technical،pookie111

So as stated we have a weekly high that on the 1st line characteristically was a takeout high with my rules I go by which is a high that needs to be broke to complete the process so once this high forms (,2nd line above) needs to be broken to complete the process which it tried and fails. So now we can either A disrespect the sellers point retrace back down to then fake sellers out with a strong push. Or B push to the topside to fill the rest of the buyers positions to then fakeout the buyers around 2480-2500 area form consolidation and bleed down 😈

Translated from: English
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Signal Type: Neutral
Time Frame:
1 week
Price at Publish Time:
$2,338.31
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