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avatarForexbae
2022-07-04

Follow up of Meituan

Back with another update on $MEITUAN-W(03690)$ Price is now moving in a wedge. expecting price break to the upside. last post still valid. With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position at the horizontal pullback support where the 23.6% Fibonacci retracement and ichimoku support is. Looking to play it back to the horizontal swing high in line with the 78.6% Fibonacci retracement. Alternatively, price may break structure and head for my stop loss where the next horizontal pullback support and 38.2% fibonacci retracement are.Entry: 185.4[Smile]  Take profit: 212.8[Cool]  Stop loss: 175.6[Cry] $Meituan 5xShortSG220216(DZXW.SI)$$M
Follow up of Meituan
avatarForexbae
2022-07-01

Update on Meituan

Hola guys! Another update on $MEITUAN-W(03690)$ Looking to play the bounce now.With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position at the horizontal pullback support where the 23.6% Fibonacci retracement and ichimoku support is. Looking to play it back to the horizontal swing high in line with the 78.6% Fibonacci retracement. Alternatively, price may break structure and head for my stop loss where the next horizontal pullback support and 38.2% fibonacci retracement are.Entry: 185.4[Smile] Take profit: 212.8[Miser] Stop loss: 175.6[Glance] $Meituan 5xShortSG220216(DZXW.SI)$ 
Update on Meituan
avatarForexbae
2022-06-27

Waiting for break on Meituan

Hola guys! Just a little update on $MEITUAN-W(03690)$ Looking to play the continuation now. With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position if price breaks the horizontal swing high resistance and 78.6% fibonacci retracement at 211.6 to my take profit at the next horizontal swing high resistance at 238.5 in line with the horizontal swing low resistance. Alternatively, price may break structure and head for my stop loss where the next horizontal swing low support and 23.6% fibonacci retracement.Entry: 89.05Take profit: 99.60Stop loss: 186.6$Meituan 5xShortSG220216(DZXW.SI)$ 
Waiting for break on Meituan
avatarForexbae
2022-06-24

Update from last Kuaishou post.

Hola guys! Just a little update on $KUAISHOU-W(01024)$ Since the last time I posted, price hasnt reallt moved. My idea has not been invalidated yet and im still bullish. With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position if price breaks the horizontal swing high resistance at 89.05 to my take profit at the next horizontal swing high resistance at 99.60 in line with the 78.6% fibonacci projection. Altertively, price may break structure and head for my stop loss where the next horizontal swing low support and 38.2% fibonacci retracement.Entry: 89.05[Smile] Take profit: 99.60[Miser] Stop loss: 79.75[Smug] 
Update from last Kuaishou post.
avatarForexbae
2022-06-22

Thoughts on Kiaushou?

Hola guys! Anyone looking at $KUAISHOU-W(01024)$ With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position if price breaks the horizontal swing high resistance at 89.05 to my take profit at the next horizontal swing high resistance at 99.60 in line with the 78.6% fibonacci projection. Altertively, price may break structure and head for my stop loss where the next horizontal swing low support and 38.2% fibonacci retracement.Entry: 89.05Take profit: 99.60Stop loss: 79.75$Kuaisho 5xLongSG220808(DXDW.SI)$ $Kuaisho 5xShortSG220307(DJXW.SI)$ 
Thoughts on Kiaushou?
avatarForexbae
2022-06-21

Buying Meituan anybody?

Anyone looking at $MEITUAN-W(03690)$ with price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position at the 23.6% Fibonacci retarcement to my take profit at the horizontal swing high resistance. Altertively, price may break structure and head for my stop loss where the next horizontal pullback support and 38.2% fibonacci retracement.Entry: 186.6[Smile] Take profit: 210[Miser] Stop loss: 175.8[Speechless] $Meituan 5xShortSG220216(DZXW.SI)$ $Meituan 5xLongSG220808(DMGW.SI)$ 
Buying Meituan anybody?
avatarForexbae
2022-06-17

thoughts on Singtel?

Hey everyone!Anyone looking at $SINGTEL(Z74.SI)$ with price moving below the ichimoku cloud and the current bearish pressure, Im looking to get in on a sell position at the horizontal pullback support to my take profit at the horizontal swing low support and 61.8% Fibonacci retracement. Altertively, price may break structure and head for my stop loss where the next horizontal pullback resistance is.Entry: 2.48[Smile] Take profit: 2.31[Happy] Stop loss: 2.58[Sigh] $Singtel 5xShortSG230713(DKMW.SI)$ $Singtel 5xLongSG231214(DBYW.SI)$ 
thoughts on Singtel?
avatarForexbae
2022-06-17

thoughts on Singtel?

Hey everyone!Anyone looking at $SINGTEL(Z74.SI)$ with price moving below the ichimoku cloud and the current bearish pressure, Im looking to get in on a sell position at the horizontal pullback support to my take profit at the horizontal swing low support and 61.8% Fibonacci retracement. Altertively, price may break structure and head for my stop loss where the next horizontal pullback resistance is.Entry: 2.48[Smile] Take profit: 2.31[Happy] Stop loss: 2.58[Sigh] $Singtel 5xShortSG230713(DKMW.SI)$ $Singtel 5xLongSG231214(DBYW.SI)$ 
thoughts on Singtel?
avatarForexbae
2022-06-16

Thoughts on Tencent?

Hey everyone!Anyone looking at $TENCENT(00700)$ Im looking to get in on a long position at the horizontal pullback support and 61.8% Fibonacci retracement level to my take profit at the horizontal swing high resistance. Altertively, price may break structure and head for my stop loss where the horizontal swing low support.Entry: 361.5Take profit: 405Stop loss: 331$Tencent 5xShortSG230202(DTCW.SI)$ $Tencent 5xLongSG220808(DDLW.SI)$ 
Thoughts on Tencent?
avatarForexbae
2022-06-15

Thoughts on 1024?

Hey everyone!Anyone looking at $KUAISHOU-W(01024)$ Im looking to get in on a long position at the horizontal swing low support and 23.6% Fibonacci retracement level to my take profit at the horizontal swing high resistance. Altertively, price may break structure and head for my stop loss where the horizontal pullback support, 61.8% Fib projection and 50% Fibonacci retracement level lines up.Entry:82.85[Smile] Take profit: 99.00[Miser] Stop loss: 72.25[OMG] $Kuaisho 5xLongSG220808(DXDW.SI)$ $Kuaisho 5xShortSG220307(DJXW.SI)$ 
Thoughts on 1024?
avatarForexbae
2022-06-14

Thoughts on UOB?

Hey everyone! Anyone looking at $UNITED OVERSEAS BANK LIMITED(U11.SI)$ ?Im looking to get in on a long position at the horizontal pullback support to my take profit at 28.21 in line with the horizontal pullback resistance. Altertively, price may break structure and head for my stop loss at the 161.8% Fib extension level. Entry: 26.50Take profit: 28.21Stop loss: 25.68$UOB 5xLongSG230713(DHBW.SI)$ $UOB 5xShortSG221201(DEZW.SI)$ 
Thoughts on UOB?
avatarForexbae
2022-06-13

Shorting Singtel?

Hey everyone! Anyone looking at $SINGTEL(Z74.SI)$ ?Im looking to get in on a short position after from the horizontal pullback resistance at 2.58 in line with the 23.6% Fibonacci retracement to my take profit at 2.32 in line with the 78.6% Fib retracement level and horizontal swing low support. Altertively, price may break structure and head for my stop loss at the 50% Fib retracement level. Entry: 2.58Take profit:2.32Stop loss: 2.68$Singtel 5xShortSG230713(DKMW.SI)$ $Singtel 5xLongSG231214(DBYW.SI)$ 
Shorting Singtel?
avatarForexbae
2022-05-31

Shorting 3968 anyone??

Hi guys,Anyone else looking at $CM BANK(03968)$ ?With the current downtrend, I'm expecting to see price reverse from the ichimoku cloud resistance at 52.10 in line with the 50% Fibonacci retracement and horizontal pullback resistance to my take profit area of 41.50 where the swing low support is. Alternatively, if price breaks bearish structure, we will see price potentially going to my stop loss at 58.10 in line with the 78.6% Fibonacci retracement.Entry: 52.10[Smile] Take Profit:41.50[Great] Stop Loss:58.10[Spurting] $CMB 5xShortSG231019(DSGW.SI)$ $CMB 5xLongSG231019(DTDW.SI)$&
Shorting 3968 anyone??
avatarForexbae
2022-05-19

Thoughts on China Merchants Bank?

Hey guys! Thoughts on $CM BANK(03968)$ ?Im looking to get in with a short cause price is below the ichimoku and seems like there's bearish momentum. Let me know what you think bout entry at swing high of 47.70, stop loss at horizontal pullback resistance and 50% Fibonacci retracement and take profit at 41.45 at swing low and 78.6% Fibonacci retracement.Entry:47.70[Smile] Take Profit:41.45[Cool] Stop loss: 52.10[Cry] $CMB 5xShortSG231019(DSGW.SI)$ $CMB 5xLongSG231019(DTDW.SI)$ 
Thoughts on China Merchants Bank?
avatarForexbae
2022-04-22

Potential bearishness on JD?

Hey guys!What are your thoughts on $JD-SW(09618)$ ?I personally think theres still some room for bearishness with the recent break of the support (our entry) and how price is moving below the ichimoku cloud. Hoping for price to pullback and retest at 230.2 where our entry is lined up with the 50% Fibonacci retracement and pullback resistance and probably play it to the next swing low at 213.2. I'll have my stop loss tight at 195 where the last swing high was which aligns with the 50% Fib retracement.Entry: 230.2[Smile] Take Profit: 213.2[Allin] Stop Loss: 195[Angry] $JD 5xShortSG220908(DUDW.SI)$ 
Potential bearishness on JD?
avatarForexbae
2022-04-22

Bearish break on Tencent?

Hey guys! What are your thoughts on  $TENCENT(00700)$ ?I personally think theres still some room for bearishness with the recent break of the support (our entry) and how price is moving below the ichimoku cloud. Hoping for price to pullback and retest at 352.5 where our entry is and probably play it to 297 where the 61.8% Fibonacci projection and horizontal swing low support is. I'll have my stop loss tight at 379 where the last swing high was which aligns with the 38.2% Fib retracement. Entry: 352.5[What] Take Profit: 297[Sly] Stop Loss: 379[Spurting] $Tencent 5xShortSG230202(DTCW.SI)$ 
Bearish break on Tencent?
avatarForexbae
2022-04-21

Potential pullback on Kuaishou?

Hey everyone. Anyone else looking at $KUAISHOU-W(01024)$ ?With price approaching the support of the stochastics, I do think there's a possibility of a short term pullback to the potential forming descending trendline where the 23.6% Fib retracement and last swing high is. My entry would be at the last swing low support which would align nicely with the stochastcis indicator and stop loss would be at the next swing low support where the 127.2% Fib extension is.Entry: 58.10[Happy] Take Profit: 63.65[Miser] Stop Loss: 55.35[Angry] $Kuaisho 5xLongSG220808(DXDW.SI)$ $Kuaisho 5xShortSG220307(DJ
Potential pullback on Kuaishou?
avatarForexbae
2022-04-21

Bearish continuation on Baba?

Hey everyone. Anyone else looking at $Alibaba(09988)$ ?I dont see any indication of price turning back with price still moving comfortably below the ichimoku. I'm looking to get into the continuatuin if price pulls back to 90.50 where the 50% Fibonacci retracement is and play it to the next fibonacci retracement level at 81.20. My stop loss will be placed at 92.75 where the last reaction was.Entry: 90.50Take Profit: 81.20Stop Loss: 92.75$Alibaba 5xLongSG220608(DGFW.SI)$ $Alibaba 5xShortSG230202(DAGW.SI)$ 
Bearish continuation on Baba?
avatarForexbae
2022-04-21

Bearish continuation on Baba?

Hey everyone. Anyone else looking at $Alibaba(09988)$ ?I dont see any indication of price turning back with price still moving comfortably below the ichimoku. I'm looking to get into the continuatuin if price pulls back to 90.50 where the 50% Fibonacci retracement is and play it to the next fibonacci retracement level at 81.20. My stop loss will be placed at 92.75 where the last reaction was.Entry: 90.50Take Profit: 81.20Stop Loss: 92.75$Alibaba 5xLongSG220608(DGFW.SI)$ $Alibaba 5xShortSG230202(DAGW.SI)$ 
Bearish continuation on Baba?
avatarForexbae
2022-03-22

Thoughts on Tencent?

Hola guys! Let me know what you think about this setup on $TENCENT(00700)$With price moving below the ichimoku, if price retraces again, I'm looking to get in at 401 where the horizontal pullback resistance, resistance of ichimoku cloud and 50% Fibonacci retracement is and playing it to 298 in line with the horizontal swing low support. I'll have my stop loss at the next horizontal pullback resistance at 421 where the 61.8% Fibonacci retracement is.Entry: 401[Smile] Take Profit: 298[Miser] Stop Loss: 421[Cry] $Tencent 5xLongSG231214(DIHW.SI)$$Tencent 5xShortSG231214(DMIW.SI)$
Thoughts on Tencent?

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