Hang Seng Index to rise further? 📈 ( China ends quarantine )

Hello, good day traders! 👋🤙

I'm currently in a buy📈  setup for $HSI(HSI)$ , with both fundamental and technical indicators to back it up.

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📰Fundamentally,

• China says it will end quarantine for inbound travelers on January 8, signaling the end of the country's nearly three-year-old zero-Covid policy.
• According to health officials, the country also downgraded Covid from its current top-level Category A to a less stringent Category B.

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🤔On the technical front,

1.) Looking at the H4 chart, I have a bullish bias for HSI with price above the Ichimoku cloud, indicating a bullish market. I am looking for a possible buy stop entry at 19926.48, where the recent highs are located.

2.) My stop loss will be at 18885.20, where the 20% Fibonacci line and recent low are located.

3.) I am looking to take profit at 22423.51, where the previous swing highs are located.

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Trade Entry recommendations:

Buy Entry: 19926.48📈

Take Profit: 22423.51 💲

Stop Loss: 18885.20❌

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Other tickers to recommend:

For 5x Long Leverage: $HSI 5xLongSG230420(CWAW.SI)$ 

For 5x Short Leverage: $HSI 7xShortSG230920(CZBW.SI)$