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Technical analysis by Ahmedshebe about Symbol PAXG: Buy recommendation (5/9/2025)

https://sahmeto.com/message/3494596
Ahmedshebe
Ahmedshebe
Rank: 1073
2.7
Buy،Technical،Ahmedshebe

As indicated Yest , we were expecting a meltdown which started and didn't finish.Garnish Pattern Formed in today's CHART indicating probability flying a little bit high,to confirm the flight we should look at $3325 once this level is broken with BULLISH MOMENTUM then we should target the next level @ $3435. However if we were to confirm our FALL (MELTDOWN) then we should inspect level $3196-99 once this level is broken , then we should wait for a retest and have our ENTRIES and Target $2968 as our TAKE PROFIT zone.Rising Wedge which we identified on 5/9 09:45. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 3,333.85 within the next 1 hour.The Bullish momentum seems to be increasing in bits.Overall we are somehow BULLISH today , until proven otherwise , will be back with further updates as the market continue unfolding.Butterfly Fibonacci pattern identified at 5/9 12:00. This pattern is still in the process of forming. Possible bearish price movement towards target levels ranging from 3,333.12 to 3,307.42 within the next 1 hour.let's be on the look out those with small account liquidity.I'm in for a BUY to $3368-70 as my TAKE PROFIT ZONE , afterward i'm anticipating for a FALL , but i'm yet to confirm.

Translated from: English
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Signal Type: Buy
Time Frame:
45 دقیقه
Profit Target:
$3,368
Stop Loss Price
$3,196
Price at Publish Time:
$3,332.72
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