Hi everyone! I have a great setup here $BILIBILI-SW(09626)$
On the H4, with prices moving along an ascending trendline and RSI moving along an ascending trendline, we have a bullish bias that price will rise to buy entry at 210.2 where the overlap resistance is. Should price break entry structure, we have a bullish bias that price will rise to take profit at 238.0 where the swing high resistance and 61.8% projection are. Alternatively, price could drop to stop loss at 176.2 where the pullback support and 78.6% fibonacci projection are.
Entry: 210.2 [Smile]
Take Profit: 238.0 [Miser]
Stop Loss: 176.2 [Cry]
$Bilibili 5xLongSG230329(DMJW.SI)$
$Bilibili 5xShortSG230620(DCNW.SI)$
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