Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
WHAT'S NEXT ON PEPE!
As we can see price is trading inside this clean rising channel, price is making clean higher highs and higher lows
So, we are clearly bullish!
However, we are waiting for the correction to start by breaking below the marked swing low, then a movement lower would be expected till the lower rising trendline,
Where we will be looking for the next bullish movement to start as a trend following setup as shown on the chart
Until that happens price is still overall bullish and can still trade higher from the current price.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.