PIPPIN New Update (12H)It seems that a flip zone | or a key area | has been reclaimed here.
Previously, every time price touched this zone, it was rejected. But this time, the price has reclaimed it sharply and is now retesting the area.
Pay attention to the yellow arrows and circles.
Opening a sell/short position at this level might not be a good idea.
As long as the green zone is held, the price can move toward the marked supply levels.
If it drops below the green zone and a daily candle closes below the invalidation level, the bullish outlook on Pippin would still not be invalidated.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
