PAYPAL, Dedicated Channel-Breakout Incoming, Main Target-Zones!

Hello Traders Investors And Community,

Welcome to this analysis about Paypal, we are looking at the daily timeframe perspective. As I discovered recently in my analysis Paypal is forming a solid structure from where a breakout to the upside is possible within the upcoming times. As looking at my chart we can watch there how Paypal is within this main ascending-channel-formation and also has this coherent wave-count within the formation with the waves A to B already completed and now Paypal is about to form the wave C which will be a protraction wave. The next time it is likely that demand increases further in the structure and Paypal finally breaks out above the upper-boundary which will be the origin of the wave-C-protraction to the upside and such a price-action will also activate the upside targets at around the 345 level marked in my chart in blue. When Paypal has reached this target-zone it has to be elevated if it manages to continue bullishly or firstly shows up with a reversal testing lower levels after the targets reached. For now, the dedicated channel-breakout with upcoming volatility should be expected, it will be a great journey ahead.

In this manner, thank you for watching my analysis Paypal and the dedicated channel-breakout which is awaiting in the upcoming times to approach the upper-target-zone, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best!
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Information provided is only educational and should not be used to take action in the markets.