$ACE reacted well after taking liquidity.
The 1h/4h context still favors sellers, and open interest is expanding with the move.
For me, the cleaner trade is a rejection around $0.1672–$0.1683, not a late short underneath it. The setup is invalid if price cleanly crosses $0.16927.
Would you take the retest on $ACE , or wait for one more confirmation?
#ACE #Trading
Trade plan: SHORT
Entry: $0.1672 - $0.1683
SL: $0.16927
TP1: $0.16554
TP2: $0.16394
TP3: $0.16234
The 1h/4h context still favors sellers, and open interest is expanding with the move.
For me, the cleaner trade is a rejection around $0.1672–$0.1683, not a late short underneath it. The setup is invalid if price cleanly crosses $0.16927.
Would you take the retest on $ACE , or wait for one more confirmation?
#ACE #Trading
Trade plan: SHORT
Entry: $0.1672 - $0.1683
SL: $0.16927
TP1: $0.16554
TP2: $0.16394
TP3: $0.16234