PEPE - Potentially resuming rally once more

Buying right now is a bit too risky for my style.

I'll wait a bit and see if price can drop to the 80-82 zone, stalls and starts to go back up without going below 794, otherwise I'll pass on this setup for now.

, are of similar setup although I prefer to stay with PEPE as it's leading the two others for now.

Note

I just bought of the 1min chart. Stop at 81.

Note

Selling half at +1R and letting the rest either get stopped out or rally as high as possible.

Note

Sold the rest at 85 for a 2.5R

Note

I will now look for a deeper pullback to time a new entry for a decisive break higher.

ElliottWaveBelgium

Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public

Thanks !

Aussi sur:

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

ElliottWaveBelgium

Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public

Thanks !

Aussi sur: