Strategy - Pepe Descending Triangle - Training Examples
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Example on example: One to keep an eye on is that 1st one on the left - Ascending.
Why at the moment it's not a threat? Because the asset has put in a higher high. (What I think).
The current trend is, higher high, higher low higher high, higher low. Seems that's being protected.
So, interesting! I think if we loose this market structure, well at least I will look back at that ascending triangle low as a range low.
At the moment, theres no reason to think that. Just keep that in mind.
Follow up to:
Trade active
Hey dudes, hit our big resistance! Yeahh! Looking for a retest and lets see if we can hit that 0.5 price 0.00001315 ... Yeahh! Pump it baby :D We knew that the white line Anchored VWAP was a big one, and top of the channel. Breaking that = mega momentum to the upside.. Yeahh
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.