(PYPL buy price 280.00)
(PYPL sell price 274.00)
strategy: inside bar on daily chart resistance zone on mv 50 daily chart. double top 279.00 the opening above the buy price should penetrate the MV 50 and then retest the MV 9 or 10 period on the chart 5mn wait for confirmation.
for the bearish entry: the perfect entry would be below the sell price and the low of the inside bar 274.69. Buy zone at 276.00 do not anticipate for the bearish entry if the opening is in the buy zone wait for the price to cross the sell price and minimum 274.69
(PYPL sell price 274.00)
strategy: inside bar on daily chart resistance zone on mv 50 daily chart. double top 279.00 the opening above the buy price should penetrate the MV 50 and then retest the MV 9 or 10 period on the chart 5mn wait for confirmation.
for the bearish entry: the perfect entry would be below the sell price and the low of the inside bar 274.69. Buy zone at 276.00 do not anticipate for the bearish entry if the opening is in the buy zone wait for the price to cross the sell price and minimum 274.69