Thoughts on SIA?
Hey guys! I have a setup here $SINGAPORE AIRLINES LTD(C6L.SI)$
On the H4, with prices breaking out of the ascending channel and moving below the ichimoku indicator, we have a bearish bias that price will drop from sell entry at 5.33 where the pullback support is to the take profit at 5.15 where the pullback support, 78.6% fibonacci projection and 161.8% fibonacci extension are. Alternatively, price could break entry structure and rise to stop loss at 5.42 where the pullback resistance, 61.8% fibonacci retracement and 61.8% fibonacci projection are.
Entry: 5.33 [Smile]
Take Profit: 5.15 [Miser]
Stop Loss: 5.42 [Cry]
$SIA 5xShortSG240306(DRBW.SI)$
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- xiaobaii·2022-08-31like & comment please5Report
- xiaobaii·2022-08-31like & comment please5Report
- xiaobaii·2022-08-31like & comment please5Report
- YorkTurner·2022-08-31C6L is more likely to drop from this position.4Report
- kk__soh·2022-08-31Likwy likey4Report
- DannDann·2022-09-01Good sharing. Give me a thumbs up like here 👍🏻👍 thanks!3Report
- DannDann·2022-09-03Good sharing 👍🏻👍 give me a thumbs up like 👍🏻👍1Report
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- Andie8392·2022-09-03thanks for sharing... good post1Report
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- CaptainWoon·2022-08-31Thx for sharing1Report
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