PYPL 21-03-2022 Long
Asset and Time frame -PYPL, Daily
Entry Price -116.21
Exit(Stop Loss) -107.04
Exit(Take Profit) -145.85
Technical Analysis - Price has been down-trending for a while now and started a small consolidation at the bottom, now, the price has breached the 100MA on the 4H chart and the -61.8 level, RSI made a small divergence on the daily chart.
I don't think we'll see a much higher price action moving up, but I think we'll at least retraced back to the -27.2 level,
for those who want a safer entry, I suggest waiting for the 4H candle to close.
Entry Price -116.21
Exit(Stop Loss) -107.04
Exit(Take Profit) -145.85
Technical Analysis - Price has been down-trending for a while now and started a small consolidation at the bottom, now, the price has breached the 100MA on the 4H chart and the -61.8 level, RSI made a small divergence on the daily chart.
I don't think we'll see a much higher price action moving up, but I think we'll at least retraced back to the -27.2 level,
for those who want a safer entry, I suggest waiting for the 4H candle to close.
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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.