$SKHYNIX Short 50x | This is the exact area I mapped out before the move.
SKHYNIX finally stepped into the zone where the short thesis either proves itself or gets buried. Position is live; the only question left is whether the supply side holds under pressure.
Trade Plan:
- Entry: 1210.89000 โ 1211.57000
- TP1: 1208.75000 (R:R 1:0.8)
- TP2: 1207.10000 (R:R 1:1.3)
- TP3: 1204.62000 (R:R 1:2.0)
- SL: 1214.53000
Why this setup?
- The setup isn't random: 4h structure is stacked against buyers while 1D remains trapped in the 1210.89000โ1211.57000 range.
- Momentum is on our side with 15m RSI at 62, leaving enough room for downside pressure as long as this level doesn't crack.
- Volume confirms the moveโ0.07x pace and 35.19000 traded versus the 490.35000 expectation keeps the short valid.
My call. Your execution..
Trade here ๐ and Are you selling into this resistance, or waiting for the breakdown below support to join?
SKHYNIX finally stepped into the zone where the short thesis either proves itself or gets buried. Position is live; the only question left is whether the supply side holds under pressure.
Trade Plan:
- Entry: 1210.89000 โ 1211.57000
- TP1: 1208.75000 (R:R 1:0.8)
- TP2: 1207.10000 (R:R 1:1.3)
- TP3: 1204.62000 (R:R 1:2.0)
- SL: 1214.53000
Why this setup?
- The setup isn't random: 4h structure is stacked against buyers while 1D remains trapped in the 1210.89000โ1211.57000 range.
- Momentum is on our side with 15m RSI at 62, leaving enough room for downside pressure as long as this level doesn't crack.
- Volume confirms the moveโ0.07x pace and 35.19000 traded versus the 490.35000 expectation keeps the short valid.
My call. Your execution..
Trade here ๐ and Are you selling into this resistance, or waiting for the breakdown below support to join?
