Hi guys,
Anyone else looking at $CM BANK(03968)$ ?
With the current downtrend, I'm expecting to see price reverse from the ichimoku cloud resistance at 52.10 in line with the 50% Fibonacci retracement and horizontal pullback resistance to my take profit area of 41.50 where the swing low support is. Alternatively, if price breaks bearish structure, we will see price potentially going to my stop loss at 58.10 in line with the 78.6% Fibonacci retracement.
Entry: 52.10[Smile]
Take Profit:41.50[Great]
Stop Loss:58.10[Spurting]
$CMB 5xShortSG231019(DSGW.SI)$
$CMB 5xLongSG231019(DTDW.SI)$
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