PEPE forms DOUBLE TOP with H&S on right peak

30 juil.

PEPE has formed a double top, broken through previous low of 0.0000116 and is now retesting from below.

To add fuel to fire, the right top has formed a head and shoulders pattern, with the shoulder line being broken at 0.0000116.

Main technical pivot point for PEPE is set at 0.000009, however should we see the reflection of our double top measurement, we'd be looking at a 0.0000108 - 0.0000106 profit target for a nice little short

1 août

Note

First target reached with a beautiful reaction at the 0.0000108 - 0.0000106 range

next target of 0.000009 in sight, I expect a reaction at 0.0000095

partial profits taken at 0.0000100

1 août

Trade fermée: cible de profit atteinte

lower low created on the 5min TS with a bounce up from 0.0000099, looks like we could start forming a DBW, May look at buying in.

All in all a nice two day short