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Thoughts on #ACE:
$ACE has formed a huge inverse cup and handle pattern on the 4H timeframe, keeping the overall structure bearish. $ACE remains below the 9 EMA and 50 SMA, showing sellers are still in control.
A confirmed breakdown below the handle support could trigger the next leg lower, making $ACE a potential short opportunity. Invalidation comes on a sustained reclaim above the handle high.