This Well-Defined Structure on $PYPL Gives us a Target

This well-defined ascending triangle on $PYPL suggests that we target the upper trend line:


[UPDATE]: Since the price action has broken down a couple of times now from this structure, I am beginning to doubt it. I am going to cancel this call while we are still close to price we were at when I made the original call. I will need to monitor the price action from here prior to making another call.


Note: When my work is first published on this website, it is made available to patrons who support my work through my Patreon account. Over time (usually after a period of a few months), I make the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page.

Leave a Reply

Your email address will not be published.