Hey fellow investors!! I have brought another setup today $BIDU-SW(09888)$
On the H4, with prices moving above the ichimoku cloud, I have a bullish bias that prices will rise from buy entry at 134.7 where the swing low support is to the take profit at 156.6 where the swing high resistance, 100% fibonacci projection and 127.2% fibonacci extension are. Alternatively, prices could break entry structure and drop to stop loss at 130.7 in line with overlap support and 50% fibonacci retracement.
Entry: 134.7 [Smile]
Take profit: 156.6 [Miser]
Stop loss: 130.7 [Anger]
$Baidu 5xShortSG230330(DBJW.SI)$
$Baidu 5xLongSG230329(DLEW.SI)$
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