$ACT Trade Idea Sharing
As usual, the ACT daily chart is still moving sideways. However, its 15-minute chart is showing a downward fluctuation. But it is also approaching the first position of the lower edge of the fluctuation. A rebound long position is expected soon.
After breaking 0.3119, if it retraces without breaking 0.3119, you can try to take a long position. Place the stop loss at 0.3039, with target levels around 0.3230, 0.3350, and 0.3435.
For short positions, you can consider selling after the price breaks below 0.3000. If it rebounds without breaking 0.3000, you can open a position to test the direction, with the stop loss set at 0.3000. Target levels can be seen at 0.2900 and 0.2785. #ACT