ACE Eyes Another Breakout After Healthy Pullback....‼️
$ACE remains in a strong uptrend after a sharp impulsive rally. The current pullback appears to be profit-taking rather than a trend reversal. If buyers defend the support zone, another leg higher is possible.
Trade Plan
Direction: Long
Entry: 0.1410 – 0.1450
TP1: 0.1520
TP2: 0.1600
TP3: 0.1680
Stop Loss: 0.1360
The structure is still bullish, but waiting for confirmation around support offers a better risk-to-reward setup than chasing the previous spike.
$ACE remains in a strong uptrend after a sharp impulsive rally. The current pullback appears to be profit-taking rather than a trend reversal. If buyers defend the support zone, another leg higher is possible.
Trade Plan
Direction: Long
Entry: 0.1410 – 0.1450
TP1: 0.1520
TP2: 0.1600
TP3: 0.1680
Stop Loss: 0.1360
The structure is still bullish, but waiting for confirmation around support offers a better risk-to-reward setup than chasing the previous spike.