PYPL 25-08-2021 Long
Asset and Time frame -PYPL, Daily
Entry Price -277.50
Exit(Stop Loss) -267.81
Exit(Take Profit) -321.93
Technical Analysis - Similar to my last PayPal trade, the price is going in an up-trending channel for a long time, with multiple confirmation touches, we have the 100MA as secondary support for the price beside the channel, it looks like the price is trying to make a higher high, the only downside I see here is the 4-hour chart which doesn't seem very bullish(candle sizes are pretty small) and the 4 hour MA as resistance.
Entry Price -277.50
Exit(Stop Loss) -267.81
Exit(Take Profit) -321.93
Technical Analysis - Similar to my last PayPal trade, the price is going in an up-trending channel for a long time, with multiple confirmation touches, we have the 100MA as secondary support for the price beside the channel, it looks like the price is trying to make a higher high, the only downside I see here is the 4-hour chart which doesn't seem very bullish(candle sizes are pretty small) and the 4 hour MA as resistance.
Clause de non-responsabilité
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.