Hey guys! I have brought another setup today $TENCENT(00700)$
On the H4, with prices expected to bounce off the stochastic support, I would expect prices to rise from buy entry at 362.0 where the pullback support and 100% fibonacci projection are to the take profit at 403.5 in line with swing high resistance and 61.8% fibonacci retracement. Alternatively, price could break entry and drop to stop loss at 325.0 where the swing low support is.
Entry: 362.0 [Smile]
Take Profit: 403.5 [Miser]
Stop loss: 325.0 [Cry]
$Tencent 5xLongSG230330(DGGW.SI)$
$Tencent 5xShortSG230202(DTCW.SI)$
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