$SAMSUNG BREAKDOWN CONFIRMS BEARISH MOMENTUM REMAINS DOMINANT 📉
Entry: 204–207 🔥
Target: 198, 192, 185 🚀
Stop Loss: 213 ⚠️
Price has officially breached the established support zone, signaling a clear shift in market structure. The breakdown on the lower timeframes suggests that sellers are currently in control of the order flow, with the previous support now acting as a potential resistance level for retests.
Current momentum indicators align with a continuation toward the downside targets. Given the recent failure to hold the 204 level, the path of least resistance appears to be lower. Do you expect a retest of the breakdown level before the next leg down?
Not financial advice. Always manage your risk.
#SAMSUNG #ShortSetup #MarketStructure #PriceAction #Trading
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Entry: 204–207 🔥
Target: 198, 192, 185 🚀
Stop Loss: 213 ⚠️
Price has officially breached the established support zone, signaling a clear shift in market structure. The breakdown on the lower timeframes suggests that sellers are currently in control of the order flow, with the previous support now acting as a potential resistance level for retests.
Current momentum indicators align with a continuation toward the downside targets. Given the recent failure to hold the 204 level, the path of least resistance appears to be lower. Do you expect a retest of the breakdown level before the next leg down?
Not financial advice. Always manage your risk.
#SAMSUNG #ShortSetup #MarketStructure #PriceAction #Trading
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