ACE SHORT — Price Below Both EMAs Targets -4.5%
$ACE is pointing lower. The price sits below both EMAs in a bearish stack, so the short setup is clearly bearish.
Entry: 0.125371 – 0.125589
TP1: 0.123382 (-1.7%)
TP2: 0.121984 (-2.8%)
TP3: 0.119886 (-4.5%)
SL: 0.128277 (+2.2%)
Why short: the 4h trend shows price below EMA50 and EMA200 in a bearish stack, meaning the swing trend is down.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Would you take this short at the current level?
$ACE is pointing lower. The price sits below both EMAs in a bearish stack, so the short setup is clearly bearish.
Entry: 0.125371 – 0.125589
TP1: 0.123382 (-1.7%)
TP2: 0.121984 (-2.8%)
TP3: 0.119886 (-4.5%)
SL: 0.128277 (+2.2%)
Why short: the 4h trend shows price below EMA50 and EMA200 in a bearish stack, meaning the swing trend is down.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Would you take this short at the current level?
