pippin
Long
Updated

PIPPIN Looks Bullish (12H)

357
It appears to be forming a triangle and is currently in the middle of wave D of that triangle.

If it returns to the green zone, we can look for buy/long positions within that area.

The targets are the red boxes. It may get rejected from the lower red box, so consider taking partial profits there.

A daily candle closing below the invalidation level would invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade closed: target reached
Our invalidation level was not touched, and the price pumped over 268%.
snapshot

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