Hi everyone! I have a setup here for you guys $KUAISHOU-W(01024)$
On the H4, with prices moving below the ichimoku indicator, we have a bearish bias that prices will drop from sell entry at 72.05 where the pullback resistance is to the take profit at 54.70 where the swing low support and 127.2% fibonacci extension are. Alternatively, price could break entry structure and rise to stop loss at 84.90 where the pullback resistance is.
Entry: 72.05 [Smile]
Take Profit: 54.70 [Miser]
Stop Loss: 84.90 [Cry]
$Kuaisho 5xLongSG220808(DXDW.SI)$
$Kuaisho 5xShortSG220307(DJXW.SI)$
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