Pax Gold could outperform Bitcoin in the near future.
Current Price= 0.04768
Buy Entry= 0.4776 - 0.04605
Take Profit= 0.05144 | 0.05466 | 0.05706
Stop Loss= 0.04264
Risk/Reward= 1:1.1 | 1:1.86 | 1:2.43
Expected Profit= +9.82% | +16.70% | +21.82%
Possible Loss= -8.97%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 180h
Current Price= 0.04768
Buy Entry= 0.4776 - 0.04605
Take Profit= 0.05144 | 0.05466 | 0.05706
Stop Loss= 0.04264
Risk/Reward= 1:1.1 | 1:1.86 | 1:2.43
Expected Profit= +9.82% | +16.70% | +21.82%
Possible Loss= -8.97%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 180h
Trade closed: target reached
Last target more than reached with +21.82% (1x) and 2.43RPaxGold did outperform Bitcoin as I was thinking, triangle broke-out nicely.
I would like to see a 100EMA retest (~0.05353) or even a full pull-back to trend-line before re-entering!
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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.