Thoughts on HSBC?

Hey investors!! I have been looking at HSBC and considering a sell trade due to prices being lower than ichimoku indicator with this setup $HSBC HOLDINGS(00005.HK)$.
My sell entry is at 48.65 in line with swing high resistance and hoping that it will drop to 46.70 at my take profit in line with horizontal swing low support and 61.8% Fibonacci projection.

Alternatively, price could break entry structure and move to my stop loss at 49.55 in line with my 61.8% Fibonacci projection, -27.2% Fibonacci expansion and 50% Fibonacci retracement.

Entry: 48.65
Take Profit: 46.70
Stop Loss: 49.55
$HSBC 5xLongSG230920(DHSW.SG)$
$HSBC 5xShortSG241213(DTIW.SG)$