Sorry, for clickbait but this is my outlook:
I am extremly bearish on PayPal.
The reason for that is a B, extension to 0.618 (Price: 86.50) Meaning that was the top.
Now it should be followed by a C wave, which ends at 67.61 USD.
I will be placing my stoploss at 88 USD.
I am extremly bearish on PayPal.
The reason for that is a B, extension to 0.618 (Price: 86.50) Meaning that was the top.
Now it should be followed by a C wave, which ends at 67.61 USD.
I will be placing my stoploss at 88 USD.
Note
So B wave finally began reversing. It went just a little above 0.618 fibonacci, around 87,95, where it began falling. In my opinion we are starting the C wave down.
1st target: 67,61 USD:
2nd Target: 62.50
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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.