Hey investors!! I have a setup that you guys can look at $XIAOMI-W(01810)$
On the H4, with prices moving below the ichimoku indicator, I have a bearish bias that prices will drop from sell entry at 12.20 where the overlap resistance is to take profit at 10.36 where the swing low support and 127.2% Fibonacci extension are. Alternatively, prices could break entry structure and head for stop loss at 13.54 in line with 78.6% fibonacci projection and overlap resistance.
Entry: 12.20 [Smile]
Take profit: 10.36 [Miser]
Stop Loss: 13.54 [Anger]
$Xiaomi 5xShortSG220705(DCCW.SI)$
$Xiaomi 5xLongSG221215(DJIW.SI)$
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