SKHYNIX SHORT — 4h Bearish Stack Points Lower, Sellers Target 847.04681
$SKHYNIX is setting up short. The 4h trend is bearish with price sitting below both EMAs in a bearish stack, and the 4h RSI at 38.6 shows sellers have the momentum.
Entry: 875.36170 – 876.21830
TP1: 865.01130 (-1.2%)
TP2: 857.82551 (-2.1%)
TP3: 847.04681 (-3.3%)
SL: 890.16160 (+1.6%)
Moderate conviction only, so keep size light. The plan is to close 50% at TP1, 25% at TP2 and 25% at TP3, and move the stop to entry after TP1.
Where do you see this pair heading if sellers step in again?
$SKHYNIX is setting up short. The 4h trend is bearish with price sitting below both EMAs in a bearish stack, and the 4h RSI at 38.6 shows sellers have the momentum.
Entry: 875.36170 – 876.21830
TP1: 865.01130 (-1.2%)
TP2: 857.82551 (-2.1%)
TP3: 847.04681 (-3.3%)
SL: 890.16160 (+1.6%)
Moderate conviction only, so keep size light. The plan is to close 50% at TP1, 25% at TP2 and 25% at TP3, and move the stop to entry after TP1.
Where do you see this pair heading if sellers step in again?
