SKHYNIX keeps sliding in a trend, so I am short here.
🔴 SHORT $SKHYNIX /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 1042.74655 – 1046.91345
TP1: 1018.42952 (-2.5%)
TP2: 1000.82920 (-4.2%)
TP3: 974.42871 (-6.7%)
SL: 1080.03064 (+3.4%)
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 SHORT? 4/11 signals agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 40.4)
• Sellers have the momentum (4h RSI 43.7)
Plan A:
If it keeps pushing lower past the entry, the 1h price could run toward the first target, as the 4h trend shows a bearish stack and sellers are in control.
Plan B (invalidation):
If price drives back above the stop, the setup is wrong and I will exit at the invalidation level.
Where would you place your level against this short?
🔴 SHORT $SKHYNIX /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 1042.74655 – 1046.91345
TP1: 1018.42952 (-2.5%)
TP2: 1000.82920 (-4.2%)
TP3: 974.42871 (-6.7%)
SL: 1080.03064 (+3.4%)
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 SHORT? 4/11 signals agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 40.4)
• Sellers have the momentum (4h RSI 43.7)
Plan A:
If it keeps pushing lower past the entry, the 1h price could run toward the first target, as the 4h trend shows a bearish stack and sellers are in control.
Plan B (invalidation):
If price drives back above the stop, the setup is wrong and I will exit at the invalidation level.
Where would you place your level against this short?
