Technical analysis by Cipher_SMC about Symbol PAXG on 7/18/2025

Using Market Structure & Optimal Trade Entry (OTE) - The current M15 swing structure is bullish . - A Market Structure Shift (CHoCH/MSS) from bullish to bearish signals a potential short-term reversal. - After this shift, anticipate a pullback to the Optimal Trade Entry (OTE) zone , typically between the 0.62 and 0.79 Fibonacci retracement levels. - Once price reaches the OTE zone , expect a reaction or pullback toward the previous swing high , aligning with bullish continuation. --- 🔍 Key Concepts Referenced - CHoCH (Change of Character) : Indicates a shift in market sentiment or structure. - BOS (Break of Structure) : Confirms directional bias. - OTE Zone : A high-probability area for entries during retracements, often between 62%–79% Fibonacci levels. - Swing High/Low : Reference points for market structure and potential targets.