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China stocks coming back stronger? Upward or downward trend?
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Potential for dip

Hey guys! Anyone eyeing on Prices abiding by a descending trendline and are on bearish momentum. We see the potential for dip from our sell entry at 25.3 which is a graphical overlap. Probably going to short to our Take Profit at 22.4 in line with 61.8% Fibonacci retracement. I'll have my stop loss potentially at 26.15 in line with 61.8% Fibonacci projection. Prices are trading below the ichimoku clouds, further supporting our bearish bias.
Entry: 25.3
Take Profit: 22.4
Stop Loss: 26.15
What do yáll think?
Potential for dip
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