PYPL is heading towards the support line of a Descending Triangle. If this movement continues, the price of PYPL could test 84.8060 within the next 10 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
PYPL formed a Descending Triangle on the 1 hour chart. Retest of support in sight.
