Hola guys! Let me know what you think about this setup on $TENCENT(00700)$.
I'm looking to get in at 371 where the 38.2% Fibonacci retracement and horizontal pullback resistance is and playing it to 350 in line with the 161.8% Fibonacci extension. I'll have my stop loss at the next swing low resistance at 385 which aligns with the 61.8% Fibonacci retracement.
Entry: 371[Smile]
Take Profit: 350[Happy]
Stop Loss: 385[Cry]
$Tencent 5xShortSG230202(DTCW.SI)$
$Tencent 5xLongSG220808(DDLW.SI)$đ
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