Technical analysis by srtaybillioglu about Symbol PAXG on 6/25/2024

The double hill and foot formation is the formation structure that frequently used and shows trend turns. It is possible to see this formation in all binary parities. The effect of these formations on the price is the same. However, the movement may be up or down or down. If we give an example; If the double peak formation occurs in this graph, the price of the "channel length" moves downward with the formation confirmation, while the binary bottom formation moves upwards up to the "channel length". The easiest way to find these formations is to search for "M" and "W" letters in the graphics. The dual peak formation occurs at the bear market or beginning. This formation sellers, which are formed with market makers and movements, drags after them. With the formation confirmation, sales increases with strengthening. The double foot formation occurs at the bull market or the beginning. This formation increases with market makers and movements. With the formation confirmation, purchases increase strengthening. Features of Binary Dip and Tepe Formation: In both formations, there are peak or bottom formations at the same level of price. In both formations, the trend is expected to change direction. Foot note: Nobody guarantees that formations will operate one hundred percent. All formations must be confirmed, risk/reward and margin controls. Binary bottom and peak formations should be determined and interpreted according to market conditions. "None of the visuals and written narratives are investment advice. All of the legal responsibilities of your investment decisions belong to you. No graphics, drawings and explanations on this page are covered by investment consultancy. Investment Consultancy Service is offered personalized by the CMB by taking into account the risk and return preferences of individuals. This account does not share in the nature of a purchase/sale guidance for any assets, but only shares graphics that aim to training technical analysis training. Since there is no advice or comments for purchasing/selling these shares, it is not recommended to use it in the real account. "