PYPL 27-05-2021 Long
Asset and Time frame -PYPL,Daily
Entry Price -259.37
Exit(Stop Loss) -249.91
Exit(Take Profit) -287.92
Technical Analysis -Price breached the 100MA and the up-trending channel that's been broken beforehand, I like the trend line break, the 100MA, and the return to the up-trending channel altogether, makes good confluence, volume is not idle, but, I think it can go up just a bit.
Entry Price -259.37
Exit(Stop Loss) -249.91
Exit(Take Profit) -287.92
Technical Analysis -Price breached the 100MA and the up-trending channel that's been broken beforehand, I like the trend line break, the 100MA, and the return to the up-trending channel altogether, makes good confluence, volume is not idle, but, I think it can go up just a bit.
Note
Quick update,moving my TP 308.68,I think yesturday candle is looking really good and bullish.
Trade closed: target reached
Original TP has reached destinationTrade closed: target reached
Trade closed at 4.85 RRRNote
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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.