$PYPL TOP 20
Added 2024-01-19 19:10:30 +0000 UTCToday and yesterday could not have gone any better if we we drew the price action ourselves.
Blasting through the $64.11 level and above the 200 Day MA.
What I am watch for here is that the strong pull back to $56 at the start of the week was in fact Wave 2 completing......because it pulled back to between the 0.5 Fib and 0.618 Fib and the pull back was a lot longer than a simple Subwave 4 and a lot longer than the Subwave 2....so there is a strong argument here now that we are into Wave 3, which could bring us up to between $80 - $82.
This is the best case scenario, would we should be just focusing on is the price action getting above $65.60....which would get us into the gap up to $72.
Comments
Thank you! That’s my target as well $80 based on my analysis of an inverse head & shoulders. Love that I have a similar target as yours ❤️ and using a different method.
Halcyon
2024-01-19 19:33:36 +0000 UTC
