PEPE Daily Chart Analysis with ELLIOT WAVE/FIBONACCI/ICT
2024-10-17

Hi Guys,

 Mr. Fibonelli   here. :)
Here is my analysis for PEPE.
I'm expecting a pullback at our 1D Order Block with the 4H Fair Value Gap which is within the Golden Zone of Fibonacci. I'm seeing this as a high probability trade but yeah I could be wrong. Just risk 1 to 10% of your capital.

Analysis Breakdown:
- Elliot Wave shows that it is forming wave 3 and is now doing a pullback to the Bullish Pennant pattern via its mini wave 2 inside wave 3.
- Bullish Pennant breakout with its attempt to pullback.
- Formed 4H Fair Value Gap
- Formed 1D Bullish Order Block. 
- Fair Value Gap and Order Block are within the Golden Zone of Fibonacci.

Entry: 0.0000099041
SL: 0.0000093450
TP: 0.0000160000
