eBay Inc.Short
eBay Elliott Wave
hello friends
In eBay, we see the formation of a bullish pattern, which is at the end of the 5 of 3 wave.
Wave 5 of 3 is an ending triangle pattern and we expect the price to decrease in the majority of wave 4 of 5.
This price reduction can continue until the end of wave 4 of 3. To start this decline, we need to break the dynamic support that is drawn at the bottom of the 5x3 triangle.
So, after breaking this upward trend line and pulling back to it, you can enter the SELL trade.
The first goal is $48.5 and the second goal is $44.
Be successful and profitable.
To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
In eBay, we see the formation of a bullish pattern, which is at the end of the 5 of 3 wave.
Wave 5 of 3 is an ending triangle pattern and we expect the price to decrease in the majority of wave 4 of 5.
This price reduction can continue until the end of wave 4 of 3. To start this decline, we need to break the dynamic support that is drawn at the bottom of the 5x3 triangle.
So, after breaking this upward trend line and pulling back to it, you can enter the SELL trade.
The first goal is $48.5 and the second goal is $44.
Be successful and profitable.
To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
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