Everyone's staring at the overnight dumps while $ACE is quietly coiling above the $139.88 level, ready to reclaim the highs.
$ACE - LONG
Entry: 139.50 – 140.20
SL: 135.50
TP1: 142.50
TP2: 145.00
TP3: 147.50
My read is that this setup is worth watching because:
* RSI on the 1H is 60.22, indicating a potential squeeze
* ATR is expanding, showing increased volatility
* Bias confidence is high due to the 53.62% surge
* 15m and 1H timeframe divergence suggests a potential break.
Debate: Are you fading the breakout above $143.90 or riding the momentum?
$ACE