PAYPAL - Increased Probability of Appreciation
PYPL has FiboClouds support, suggesting an increase in value within the 60' to Daily timeframe, sufficient to reach the first target and attempt the second, provided the loss is properly repositioned at the time of the first partial realization. The progression of the candles and the GAP that occurred in their progression present a significant challenge for stop loss placement. However, without expecting an early closure of the GAP (for no reason), we decided to place it at the base of the first candle following the GAP, which seems sufficient to protect the trade.
If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened.
This way, the journey toward the final target will proceed with reduced risk of losses and preservation of partial gains achieved so far.
Follow us to receive notifications of new trades, as well as frequent updates on ongoing trades.
Lastly, if you agree with the idea or found it useful, give it a BOOST so it can reach a larger number of people!
If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened.
This way, the journey toward the final target will proceed with reduced risk of losses and preservation of partial gains achieved so far.
Follow us to receive notifications of new trades, as well as frequent updates on ongoing trades.
Lastly, if you agree with the idea or found it useful, give it a BOOST so it can reach a larger number of people!
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