PEPE Daily Chart Analysis with ELLIOT WAVE/FIBONACCI/ICT
Updated
Hi Guys,
Mr. Fibonelli here. :)
Here is my analysis for PEPE.
I'm expecting a pullback at our 1D Order Block with the 4H Fair Value Gap which is within the Golden Zone of Fibonacci. I'm seeing this as a high probability trade but yeah I could be wrong. Just risk 1 to 10% of your capital.
Analysis Breakdown:
- Elliot Wave shows that it is forming wave 3 and is now doing a pullback to the Bullish Pennant pattern via its mini wave 2 inside wave 3.
- Bullish Pennant breakout with its attempt to pullback.
- Formed 4H Fair Value Gap
- Formed 1D Bullish Order Block.
- Fair Value Gap and Order Block are within the Golden Zone of Fibonacci.
Entry: 0.0000099041
SL: 0.0000093450
TP: 0.0000160000
Mr. Fibonelli here. :)
Here is my analysis for PEPE.
I'm expecting a pullback at our 1D Order Block with the 4H Fair Value Gap which is within the Golden Zone of Fibonacci. I'm seeing this as a high probability trade but yeah I could be wrong. Just risk 1 to 10% of your capital.
Analysis Breakdown:
- Elliot Wave shows that it is forming wave 3 and is now doing a pullback to the Bullish Pennant pattern via its mini wave 2 inside wave 3.
- Bullish Pennant breakout with its attempt to pullback.
- Formed 4H Fair Value Gap
- Formed 1D Bullish Order Block.
- Fair Value Gap and Order Block are within the Golden Zone of Fibonacci.
Entry: 0.0000099041
SL: 0.0000093450
TP: 0.0000160000
Comment
Trade ongoing :)Trade active
Doing a pullback only at the 1H Breaker Block with FVG.
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