PAX Gold / Bitcoin
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$PAXG/BTC 3D (#BinanceMargin) Ascending channel on resistance

42
PaxosGold just printed an Evening star on Higher TF, which is a strong bearish reversal pattern.
A retracement really seems due, let's try again to swing without leverage this time!

Current Price= 0.08750
Sell Entry = 0.08967 - 0.09821
Take Profit= 0.0712 | 0.05744 | 0.04175
Stop Loss= 0.11136

Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +22.16% | +38.85% | +55.56%
Possible Loss= -18.54%

Fib. Retracement=0.382 | 0.618 | 1
Margin Leverage= 1x
Estimated Gain-time= 5-6 months

Website: paxos.com/paxgold
交易進行
2/3 entries filled

PaxosGold is pushing higher and seems to be rejected on upper-line again, scenario is in play.

快照
交易結束:目標達成
TP1 reached with +22.16% and +1.2R

Paxos Gold reversed against Bitcoin as planned and nicely went for first target, let's hope it continues following the arrow!

快照
註釋
Back to supply zone

PaxosGold bounced on 50MA and went retesting the resistance, bearish scenario remains intact though.

快照

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