PAXGUSDT SPOT
Long

PAXG(XAUUSD) forming a reverse head and shoulders pattern.

76
PAXGUSDT is almost forming a perfect reverse head and shoulders pattern. A risk reward setup of 1.91. A modest target of 2429 is possible if it manages to breakout. Reverse H&S patterns are strong reversal patterns.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.