Hey guys, I have a setup here for you guys $BIDU-SW(09888)$
On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that prices will rise from the buy entry at 130.7 where the overlap support and 61.8% fibonacci projection are to the take profit at 155.6 where the swing high resistance, 100% fibonacci projection and 61.8% fibonacci projection are. Alternatively, price could break entry structure and drop to stop loss at 104.0 where the swing low support and -61.8% fibonacci expansion are.
Entry: 130.7 [Smile]
Take Profit: 155.6 [Miser]
Stop Loss: 104.0 [Cry]
$Baidu 5xShortSG230330(DBJW.SI)$
$Baidu 5xLongSG230329(DLEW.SI)$
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