$PEPE Trading Setup (Short)
Entry Zone: 0,00000398 – 0,00000402 Retest of the unmitigated bearish imbalance (FVG) and the 15M Order Block zone near the local LH before the decline continues.
TP: 0,00000366 Liquidity sweep of the local low (LL) and fill of the bullish imbalance below. (R:R ≈ 1:3.2)
SL: 0,00000409 Protective level above the candle high of the local Order Block (LH on M15). A break above this level invalidates the bearish scenario and signals a potential CHoCH.
Order Flow priority — selling exclusively from the Premium zone.
After the structure break (CHoCH/BOS), price formed a local low around 0,00000366 and is making a corrective recovery.
The nearest bearish Order Block / FVG zone formed on M15 around 0,00000398 - 0,00000402, from which the downtrend is most likely to continue toward the liquidity pools below.
Entry Zone: 0,00000398 – 0,00000402 Retest of the unmitigated bearish imbalance (FVG) and the 15M Order Block zone near the local LH before the decline continues.
TP: 0,00000366 Liquidity sweep of the local low (LL) and fill of the bullish imbalance below. (R:R ≈ 1:3.2)
SL: 0,00000409 Protective level above the candle high of the local Order Block (LH on M15). A break above this level invalidates the bearish scenario and signals a potential CHoCH.
Order Flow priority — selling exclusively from the Premium zone.
After the structure break (CHoCH/BOS), price formed a local low around 0,00000366 and is making a corrective recovery.
The nearest bearish Order Block / FVG zone formed on M15 around 0,00000398 - 0,00000402, from which the downtrend is most likely to continue toward the liquidity pools below.