Technical analysis by KayKayKay2021 about Symbol PENDLE: Buy recommendation (12/1/2024)

If Pendle comes to fill the 50% of the 4hr wick which is where the 1hr 50ema sits, I'll attempt a long for 7.12RR towards the nearest available 1D 50% of an unfilled wick, which is at 7.265.Please, share your opinion on this bias in the comments section. If you take it, let me know.Seems fair to adjust invalidation to 6% considering entry was not on 4hr ema50. No?Although idea was achieved, the plan was invalidated narrowly because of the 4% SL.