Hi guys, I have a setup here for you $TENCENT(00700)$
On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise from buy entry at 325.0 where the pullback support is to the take profit at 374.5 where the pullback resistance, 78.6% fibonacci retracement and 100% fibonacci projection are. Alternatively, price could break entry structure and drop to stop loss at 297.0 where the pullback support is.
Entry: 325.0 [Smile]
Take Profit: 374.5 [Miser]
Stop Loss: 297.0 [Cry]
$Tencent 5xShortSG230202(DTCW.SI)$
$Tencent 5xLongSG220808(DDLW.SI)$
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