ACT is setting up for a short, with market structure break and volume confirming direction. This trade has a 64% confidence level, offering a 1:1.7 risk to reward ratio.
đŽ $ACT SHORT đ
Entry $0.010773-$0.010795 | SL $0.011108 (-3.0%) | TP1 $0.010622 (+1.5%) | TP2 $0.010245 (+5.0%) | R/R 1:1.7 | Conf 64%
The CHoCH signal fired, indicating a market structure break, while CVD suggests volume is confirming the direction. Additionally, the presence of an FVG and OB, combined with a POI confluence, strengthens this short setup. The overlap of OB and FVG adds to the validity of this trade.
With a 3.0% stop loss, which is relatively tight, a lower leverage is fitting to manage risk effectively.
Considering taking partial profit at the first target to lock in some gains and adjust the stop loss to break even.
Not financial advice â trade only what you can afford to lose đ
$ACT #ACTUSDT #SMC #TradingSignals #Write2Earn
đŽ $ACT SHORT đ
Entry $0.010773-$0.010795 | SL $0.011108 (-3.0%) | TP1 $0.010622 (+1.5%) | TP2 $0.010245 (+5.0%) | R/R 1:1.7 | Conf 64%
The CHoCH signal fired, indicating a market structure break, while CVD suggests volume is confirming the direction. Additionally, the presence of an FVG and OB, combined with a POI confluence, strengthens this short setup. The overlap of OB and FVG adds to the validity of this trade.
With a 3.0% stop loss, which is relatively tight, a lower leverage is fitting to manage risk effectively.
Considering taking partial profit at the first target to lock in some gains and adjust the stop loss to break even.
Not financial advice â trade only what you can afford to lose đ
$ACT #ACTUSDT #SMC #TradingSignals #Write2Earn