Looking at the 4h chart, I feel sad when $SKHYNIX keeps plunging deeper below the two familiar EMA lines, and all expectations suddenly vanish. 📉
After that costly lesson, I decided to follow the trend and take a light short position $SKHYNIX around the 1014 to 1018 area. 🤯
Because the larger timeframe trend is completely bearish, I chose a moderate size, absolutely not going all in or being overly reckless. ⚡
The plan is already set: take 50% profit at 979, another 25% at 954, and expect the final part to reach 917. Remember to move SL to entry right after TP1 to protect capital. 💰
The market has never been wrong; it is only my ego that keeps fighting the trend, guys. 👀
In this move, are you guys holding a short position or still dreaming of catching the bottom? Comment and share your view below! 👇
$SKHYNIX
DYOR - Personal experience shared, not financial advice.
After that costly lesson, I decided to follow the trend and take a light short position $SKHYNIX around the 1014 to 1018 area. 🤯
Because the larger timeframe trend is completely bearish, I chose a moderate size, absolutely not going all in or being overly reckless. ⚡
The plan is already set: take 50% profit at 979, another 25% at 954, and expect the final part to reach 917. Remember to move SL to entry right after TP1 to protect capital. 💰
The market has never been wrong; it is only my ego that keeps fighting the trend, guys. 👀
In this move, are you guys holding a short position or still dreaming of catching the bottom? Comment and share your view below! 👇
$SKHYNIX
DYOR - Personal experience shared, not financial advice.
