Trading plan big short
$SAMSUNG is respecting a descending trendline, keeping sellers in control.
Entry: $168.60 – $169.00 (or on a rejection from the descending trendline)
Stoploss: $170.20
Targets: $167.00 / $166.20 / $165.00
Price continues to print lower highs beneath a well-defined descending trendline, showing that bearish momentum remains intact. Unless buyers reclaim the trendline, rallies are likely to face selling pressure. As long as $170.20 holds as resistance, the bearish structure remains valid.
Trade here 👇$SAMSUNG
#Samsung #bearishmomentum
$SAMSUNG is respecting a descending trendline, keeping sellers in control.
Entry: $168.60 – $169.00 (or on a rejection from the descending trendline)
Stoploss: $170.20
Targets: $167.00 / $166.20 / $165.00
Price continues to print lower highs beneath a well-defined descending trendline, showing that bearish momentum remains intact. Unless buyers reclaim the trendline, rallies are likely to face selling pressure. As long as $170.20 holds as resistance, the bearish structure remains valid.
Trade here 👇$SAMSUNG
#Samsung #bearishmomentum
