Thoughts on Tencent?

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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  • DLIM
    ·2022-09-02
    Thanks for sharing this analysis
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  • lpb
    ·2022-09-01
    Hope it recovers soon
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  • Snowwhite
    ·2022-09-01
    Already got it at 309 le [Smile]
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  • LuckyPiggie
    ·2022-09-01
    good advice.  thanks .
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  • Bluelake
    ·2022-09-03
    good
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  • kyz
    ·2022-09-02
    ok
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  • vincentchuah
    ·2022-09-02
    k
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  • lpb
    ·2022-09-01
    Good!
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  • Humbly
    ·2022-09-01
    Nice
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  • Tiger Lim
    ·2022-09-01
    good
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  • i am ok
    ·2022-09-01
    ok
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  • DancingOwl
    ·2022-09-01
    Ok
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  • YueShan
    ·2022-09-01
    Good🌟🌟🌟
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  • ckong2013
    ·2022-09-01
    ok
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  • Cam20
    ·2022-09-01
    [Cool]
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  • Dynamism
    ·2022-09-01
    k
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  • mkpr23
    ·2022-09-01
    🐯
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  • buckethead
    ·2022-09-01
    ok
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  • Royaloyalz
    ·2022-09-01
    yes
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  • Gregho
    ·2022-09-01
    Hmm
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