One tick above 163.99 and this short thesis dies — are you willing to bet against the 4h flow?
$SKHY /USDT - 🟢 SHORT · Conf 91%
Trade Plan:
Entry: 163.43857 – 163.54143
SL: 165.66267
TP1: 161.86050
TP2: 160.77417
TP3: 159.14467
Why this setup?
Why now? The 4h structure is still in a trend regime, but the daily is just range — so this is a momentum play, not a macro conviction.
- RSI on the 15m sits at 41.33, showing early selling pressure but not yet oversold — room to run lower before a bounce.
- ATR on the 1h is 0.905 — that is tight, meaning the breakout from 163.49 could be violent when it happens.
- The invalidation is clear at 163.99857 — above that, the short setup is void.
- Confidence is 91, but confirm count is 0 — so do not chase; wait for the first red candle to confirm.
- This is a trend-following short, not a reversal — the path is down, but the stop is close, so size accordingly and respect the SL.
Debate:
If we tap 161.86 first, do you add or take profit and run?
Click here to Trade 👇️
$SKHY /USDT - 🟢 SHORT · Conf 91%
Trade Plan:
Entry: 163.43857 – 163.54143
SL: 165.66267
TP1: 161.86050
TP2: 160.77417
TP3: 159.14467
Why this setup?
Why now? The 4h structure is still in a trend regime, but the daily is just range — so this is a momentum play, not a macro conviction.
- RSI on the 15m sits at 41.33, showing early selling pressure but not yet oversold — room to run lower before a bounce.
- ATR on the 1h is 0.905 — that is tight, meaning the breakout from 163.49 could be violent when it happens.
- The invalidation is clear at 163.99857 — above that, the short setup is void.
- Confidence is 91, but confirm count is 0 — so do not chase; wait for the first red candle to confirm.
- This is a trend-following short, not a reversal — the path is down, but the stop is close, so size accordingly and respect the SL.
Debate:
If we tap 161.86 first, do you add or take profit and run?
Click here to Trade 👇️
