Watching $ACE for a potential short opportunity
As long as $ACE stays below the SMA25 and the trend remains bearish, it looks primed for a move down to the support level, making it a short candidate
SMA7 below SMA25, bearish 10-bar trend, last candle is bearish
A close above the SMA25 would negate this short setup and potentially flip the script
Are you shorting $ACE on this downtrend or looking for a bounce?
As long as $ACE stays below the SMA25 and the trend remains bearish, it looks primed for a move down to the support level, making it a short candidate
SMA7 below SMA25, bearish 10-bar trend, last candle is bearish
A close above the SMA25 would negate this short setup and potentially flip the script
Are you shorting $ACE on this downtrend or looking for a bounce?