#1000PEPEUSDT.P - DOWN TREND CONTINUES
Hello traders.
When we look at the #1000PEPEUSDT.P chart, we see that the downtrend is still continuing. at the same time, we clearly see the reverse pennant patterns that support the downtrend. the reverse pennant formed in the large time frame (4H) is supported by smaller reverse pennant patterns in smaller time frames. For this reason, I am refreshing my SHORT position for #1000PEPEUSDT.P and adding the gain I made from the position closed yesterday at the first target. I will be leaving the position at 0.0006400 levels, which is our big target.
This is not investment advice. Please do your own research and open a position accordingly!
When we look at the #1000PEPEUSDT.P chart, we see that the downtrend is still continuing. at the same time, we clearly see the reverse pennant patterns that support the downtrend. the reverse pennant formed in the large time frame (4H) is supported by smaller reverse pennant patterns in smaller time frames. For this reason, I am refreshing my SHORT position for #1000PEPEUSDT.P and adding the gain I made from the position closed yesterday at the first target. I will be leaving the position at 0.0006400 levels, which is our big target.
This is not investment advice. Please do your own research and open a position accordingly!
Trade closed manually