Hi,
PEPE formed a clear falling wedge, which is typically a bullish pattern.
Price has now broken the descending trendline with strong momentum, confirming the breakout.
PEPE formed a clear falling wedge, which is typically a bullish pattern.
Price has now broken the descending trendline with strong momentum, confirming the breakout.
- Previous resistance zone is now acting as support
- As long as price holds above this area, upside continuation is likely
- A short pullback is possible before the next leg up
Trade closed: target reached
target touched without triggering our entry
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Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
Related publications
Disclaimer
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.
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My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
Related publications
Disclaimer
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.