PEOPLEUSDT have the cleanest impulse I've seen in a long while. Without past context I think we might just be completing the wave 4-yellow of an impulse which can either be a FLAT, CONTRACTING/SYMMETRICAL or BARRIER Triangle.I expect price to bounce from anywhere in the box and print at least 100%.
The invalidation level (stop loss) for this an impulse is on the chart and it have a 4-6 Risk Reward potential.
OTHER ANALYSIS
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looks like PEOPLEUSDT is doing itNote
the invalidation level remains the same and I consider this leg down to be the wave 4 hence big move up for wave 5 PEOPLEUSDTNote
UPDATE PEOPLEUSDT
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Beaut Init? PEOPLEUSDT
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.