$SKHYNIX SHORT 4H | The price zone to test: 1,314.3
Why it matters: 4H trend points bearish. The 1H trend also points bearish.
My read: A controlled entry around 1,312.17–1,316.44 keeps the continuation plan measured. TP1 maps to 1.34R; a move above 1,332.3 invalidates the idea.
Entry zone: 1,312.17–1,316.44
Stop loss: 1,332.3
Targets: TP1 1,290.13 (1.34R) / TP2 1,287.72 (1.48R) / TP3 1,265.32 (2.72R)
Scale out: 30% / 30% / 40%
Which matters more here: the zone reaction or the next 1H close?
Why it matters: 4H trend points bearish. The 1H trend also points bearish.
My read: A controlled entry around 1,312.17–1,316.44 keeps the continuation plan measured. TP1 maps to 1.34R; a move above 1,332.3 invalidates the idea.
Entry zone: 1,312.17–1,316.44
Stop loss: 1,332.3
Targets: TP1 1,290.13 (1.34R) / TP2 1,287.72 (1.48R) / TP3 1,265.32 (2.72R)
Scale out: 30% / 30% / 40%
Which matters more here: the zone reaction or the next 1H close?