PayPal has reached our anticipated zone for Wave (ii), respecting the $59 to $57 range. The price action suggests a possible bottom formation, making it a candidate for a potential entry point.
Key observations indicate that the support and reversal zone between $59 and $57 has held and build an EQL there, indicating a possible end to the correction phase. If the price revisits the Point of Control, it could offer another attractive entry point for long-term positions.
However, PayPal remains in a range, making the situation somewhat risky as it hasn't broken out decisively yet. There is a risk that the price could revisit the lower bound around $55.77. Falling below this level would invalidate our bullish outlook.
We are monitoring PayPal closely and will consider entering long positions if the current support holds and the price action confirms a reversal. The Point of Control remains a key level to watch for another potential entry.
Key observations indicate that the support and reversal zone between $59 and $57 has held and build an EQL there, indicating a possible end to the correction phase. If the price revisits the Point of Control, it could offer another attractive entry point for long-term positions.
However, PayPal remains in a range, making the situation somewhat risky as it hasn't broken out decisively yet. There is a risk that the price could revisit the lower bound around $55.77. Falling below this level would invalidate our bullish outlook.
We are monitoring PayPal closely and will consider entering long positions if the current support holds and the price action confirms a reversal. The Point of Control remains a key level to watch for another potential entry.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.