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$SKHYNIX | 1H | Range Rejection Short
Bias: Short
Entry Zone: 1238.00 to 1246.00
Stop Loss: 1268.00
Targets:
TP1: 1210.00
TP2: 1184.00
TP3: 1158.00
Invalidation:
Close above 1268.00
Why This Setup:
I see price rejecting the recent 1H recovery into the 1,240 area after a sharp downtrend, with repeated wick failures above resistance. As long as price stays below the local supply zone, I expect a move back into the range lows and prior liquidity.