PEPE - Impulsive Wave

Od Stoic-Trader
The extension of the latest wave to the upside (almost 261.8%), gives us a high probability that we are currently wrapping up blue wave 3.

My plan is to wait for a correction to at least 38.2% pullback and then look for long trades.

Note that there is also bearish RSI divergence on the H4 timeframe.
Chart PatternsElliott WaveTrend Analysis
Stoic-Trader
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