#1000PEPE Ascending Triangle

17 nov

📊#1000PEPE Ascending Triangle 📈

🧠From a structural point of view, we have opened up higher upside after setting new highs. We are currently in a complex sideways consolidation above the target area at the daily level.

➡️From a graphical point of view, we have formed an ascending triangle, and we may be able to see a good pump next

Let's see👀

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20 nov

Trade chiuso: stop raggiunto

📊#1000PEPE Ascending triangle failed❌

🧠From a structural perspective, we are in the resistance zone and target zone of the big cycle, so there is a heavy selling pressure. And there are multiple short structures, so we need to be alert to the risk of a pullback.

➡️From a graphical perspective, the ascending triangle failed to break upward but chose to break downward, so our entry logic failed, so we have already touched the SL to leave.

➡️Next we need to observe the support effect of the two neckline support areas below, stay patient and look for new opportunities to participate

Let's take a look👀

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