Thoughts on Xiaomi?

Hi everyone! I have brought another setup here today $XIAOMI-W(01810)$ 

On the H4, with prices moving below the ichimoku indicator and along the descending trendline, we have a bearish bias that prices will drop from sell entry at 11.26 where the overlap resistance is to the take profit at 10.30 where the swing low support, 127.2% fibonacci extension and 61.8% fibonacci projection are. Alternatively, price could break entry structure and rise to stop loss at 11.78 where the pullback resistance is.

Entry: 11.26 [Smile] 

Take Profit: 10.30 [Miser] 

Stop Loss:11.78 [Cry] 

$Xiaomi 5xShortSG220705(DCCW.SI)$ 

$Xiaomi 5xLongSG221215(DJIW.SI)$ 

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  • ngchris
    ·2022-08-24
    I will put my stop loss at the top if the gap.
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  • Coyotero
    ·2022-08-25
    Not look very good
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  • Jimmy90
    ·2022-08-25
    👍
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  • Beng14
    ·2022-08-25
    Great
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  • CSNeo
    ·2022-08-25
    [开心]
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  • TeckMeng
    ·2022-08-25
    👍
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  • LovelyGoals3
    ·2022-08-25
    Ok
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  • AK80
    ·2022-08-25
    Ok
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  • JCWOO
    ·2022-08-25
    Ok
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  • BernardLL
    ·2022-08-25
    Good
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  • JosephPhang
    ·2022-08-25
    tq
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  • 紫凤凰
    ·2022-08-24
    好的
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  • Bodoh
    ·2022-08-24
    Donno
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  • simplyZuan
    ·2022-08-24
    ok
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  • H2739
    ·2022-08-24
    Ok
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  • Raisetothemoon
    ·2022-08-24
    Ok
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  • crtyn
    ·2022-08-24
    Ok
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  • boonk
    ·2022-08-24
    Ok
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  • liyufighter
    ·2022-08-24
    👍
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