ACT (Acet) - Eyeing the Next Impulse Move?
ACT has been forming a textbook bullish continuation pattern.↗️
After a strong impulse leg earlier this year, price has been consolidating within a symmetrical triangle, signaling a healthy correction phase.
🏹Today, ACT broke out of the triangle to the upside, indicating that bulls may be taking control once again.
📍If momentum continues, the next impulse move could push price toward the $0.15 resistance as a first target — a major psychological and technical level.
As long as the $0.050 support holds, ACT remains in bullish territory with upside potential in sight.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
After a strong impulse leg earlier this year, price has been consolidating within a symmetrical triangle, signaling a healthy correction phase.
🏹Today, ACT broke out of the triangle to the upside, indicating that bulls may be taking control once again.
📍If momentum continues, the next impulse move could push price toward the $0.15 resistance as a first target — a major psychological and technical level.
As long as the $0.050 support holds, ACT remains in bullish territory with upside potential in sight.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.