PAYPAL HOLDING Short Position

We expect that the price will decrease to the support level gradually. After rising wedge broke down, the Heikin Ashi candles show us that the price started to decrease. Moreover, MACD and DMI indicate that the price will decrease. Further, Divergence for many indicator shows us that 102 resistance level was selling time.

Entry, stop-loss, and target levels are in the chart.

Trade ist aktiv:

The price on the way down.
Still expecting downtrend to continue

Kommentar:

Take profit levels reached. More downside coming anyway