$ACE Rejection Is In Bears Eye a Deeper Flush..
now confirm it will crash but we will need to hold this trade ..... 🫰
Failed Breakout Above $0.30 Could Turn Into a Sharp Downside Move
The entry is based on the strong rejection from the $0.30 area after price failed to hold the breakout. The 15M structure is rolling over, making a short attractive while $0.2980 remains resistance.
I am using also this trade plan: Short
Entry: 0.2630 & 0.2700
Stop Loss: 0.2980
TP1: 0.2400 | TP2: 0.2000 | TP3: 0.1403
A rejection below $0.2700 keeps sellers in control.
A break under $0.2500 can accelerate the downside momentum.
The setup is invalidated if $0.2980 is reclaimed strongly.
#OilEdgesHigher
now confirm it will crash but we will need to hold this trade ..... 🫰
Failed Breakout Above $0.30 Could Turn Into a Sharp Downside Move
The entry is based on the strong rejection from the $0.30 area after price failed to hold the breakout. The 15M structure is rolling over, making a short attractive while $0.2980 remains resistance.
I am using also this trade plan: Short
Entry: 0.2630 & 0.2700
Stop Loss: 0.2980
TP1: 0.2400 | TP2: 0.2000 | TP3: 0.1403
A rejection below $0.2700 keeps sellers in control.
A break under $0.2500 can accelerate the downside momentum.
The setup is invalidated if $0.2980 is reclaimed strongly.
#OilEdgesHigher