The daily downtrend line has already been broken. This resistance level is highly identifiable.
There’s no need to rush to chase it now. The key is to wait for a retracement opportunity. There has already been one retracement test earlier, so for the current structure, I tend to consider only a short position.
The optimal place to short is around 1325, with the stop-loss set at 1300. Once price drops back inside this trend line, the short setup is immediately invalidated.
$SNDKB #美国7月CPI与PPI数据本周出炉 #韩国VASP注册审查扩至大股东 #三星SK海力士领涨首尔股市
There’s no need to rush to chase it now. The key is to wait for a retracement opportunity. There has already been one retracement test earlier, so for the current structure, I tend to consider only a short position.
The optimal place to short is around 1325, with the stop-loss set at 1300. Once price drops back inside this trend line, the short setup is immediately invalidated.
$SNDKB #美国7月CPI与PPI数据本周出炉 #韩国VASP注册审查扩至大股东 #三星SK海力士领涨首尔股市