121.42 acting as support but if broken can see 117.98 pivot tested and put in a higher low to continue uptrend.
do not want to fight trend but if 117.98 broken will be looking for short setups.
expecting paypal to continue in this range during premarket making higher lows and then to break the 74.00 pivot, if 74.00 break happens during premarket then i will expect a higher low to be made and then continue towards the 75.00 level.
double top cup and handle flag, safe entries anywhere near 1.09 double bottom, or any intraday setup with clear risk/reward.
looking for setup to break 1.54 double top, can see 2.00
Hourly in uptrend and anticipating 147.46 double top break.
intraday setup above this level for entry.
target 149.29.
very likely a higher low will be made near 145.54 double bottom, if this level is broken then intraday setup for short
