Paypal has taken a beat down this week but when we zoom out its no more than a healthy correction .
Price began to correct after putting in a double top back in the summer and from then on we identify a change in market structure .
We are way down at the .786 Fib and heading towards .886 for around 110 a share .
Always wait and see the reaction of a level and look at volume and reactions on a LTF will give you some clarification.
If .886 is the last stop then you want to see a change in market structure on LTF with a higher low /Higher high but i
would expect a reaction at this level .
Fib speed fan and FIB Expansion used in chart + fixed Range
Price began to correct after putting in a double top back in the summer and from then on we identify a change in market structure .
We are way down at the .786 Fib and heading towards .886 for around 110 a share .
Always wait and see the reaction of a level and look at volume and reactions on a LTF will give you some clarification.
If .886 is the last stop then you want to see a change in market structure on LTF with a higher low /Higher high but i
would expect a reaction at this level .
Fib speed fan and FIB Expansion used in chart + fixed Range
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.