Updated

PEPE (Y23.P2.Video1).Parabolic theory

Hi traders,

Here I attempt to explain price action, apply parabolic and fibonacci methodology to guess where the likely top is and what is required to keep the theory valid.

Please give me a like and share,

Regards,
S.SAri

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Possible BASE 3 here

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we have been shorting this as it hit the 618 fib (left)

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60% + pullback from the top is not a good sign for BASE 4 possibility.

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I see support here but no BASE 4 in sight. Likely to keep going down and that BASE 3 is the topping off structure.

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#PEPE looks like a macro bear flag

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ph on the 12 H still bearish

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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.

Also on:

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.