Pypl ready to make record high ?
PYPL about to continue uptrend ?
+ Still under consolidation
+ Price move within symmetrical triangle. Formed ABCD. Where's E going to be ?
+ Symmetircal Triangle is 1 of popular continuation pattern.
+ Price moved above lower bollinger band.
- Force Index still negative but improve. Expect +ve FI soon.
o Suggest to partial buy if price able to break above triangle and stay above 76.11 (R1).
o Further Buy if price break R2 (Record High) R2.
+ Good Risk/Reward Ratio > 2
+ Still under consolidation
+ Price move within symmetrical triangle. Formed ABCD. Where's E going to be ?
+ Symmetircal Triangle is 1 of popular continuation pattern.
+ Price moved above lower bollinger band.
- Force Index still negative but improve. Expect +ve FI soon.
o Suggest to partial buy if price able to break above triangle and stay above 76.11 (R1).
o Further Buy if price break R2 (Record High) R2.
+ Good Risk/Reward Ratio > 2
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Right now Stochastic is at oversold region for few days... Good to take some profit and leave some until sign of reversal candle appears.. Right now still bullish