PEPE Daily Chart Analysis with ELLIOT WAVE/FIBONACCI/ICT

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
ملاحظة
Trade ongoing :)تم فتح الصفقة
Doing a pullback only at the 1H Breaker Block with FVG.إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.