Range-bound SKHYNIX looks to push higher
🟢 LONG $SKHYNIX /USDT: expecting price to go UP
Bias: LONG · Leaning
Entry: 1069.10917 – 1072.51083
TP1: 1096.66981 (+2.4%)
TP2: 1113.90968 (+4.0%)
TP3: 1139.76949 (+6.4%)
SL: 1036.33025 (-3.2%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why LONG? 2/11 signals agree, 0 against.
• 1h trend up (above EMA50 & EMA200)
• Buyers are driving the move (15m ADX 23.1)
Q: Why long when the daily trend is range?
A: The 1h price shows a bullish stack with buyers driving the move.
Q: When is this long wrong?
A: A break below 1036.33025 invalidates the setup and signals the stack is gone.
What is your invalidation level for SKHYNIX?