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$PAXG/BTC 4h (Binance Spot) Falling wedge breakout and retest
PAX Gold / Bitcoin
Long
$PAXG/BTC 4h (Binance Spot) Falling wedge breakout and retest
By TradingOn
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Updated
Feb 23, 2021
0
Feb 22, 2021
Pax Gold is looking good in satoshi now after that bullish break-out!
Current Price= 0.03383
Buy Entry= 0.03386 - 0.03252
Take Profit= 0.03719 | 0.04516 | 0.05577
Stop Loss= 0.02998
Risk/Reward= 1:1.25 | 1:3.73 | 1:7.03
Expected Profit= +12.05% | +36.07% | +68.03%
Possible Loss= -9.67%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 10 days
Feb 23, 2021
Trade closed: target reached
TP1 reached with +12.05% (1x) and 1.25R
Great timing to trade PaxGold during Bitcoin correction, this is my favorite way to hedge!
PAXG
paxgold
Trend Analysis
TradingOn
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