Insights on baba?
On the H4, with the price reversing off the ichimoku resistance, I have a bearish bias that price will drop from my sell entry at 90.90 in line with horizontal swing high and 23.60% Fibonacci retracement to my take profit at 79.70 where my horizontal swing low is. Alternatively, price may break entry structure and move to stop loss at 95.95 where my 38.2% Fibonacci retracement and pullback resistance is.
Entry: 90.90
Take profit: 79.70
Stop Loss: 95.95
$Alibaba 5xLongSG230329(DKCW.SG$
$Alibaba 5xShortSG230330(DAJW.SG$
Entry: 90.90
Take profit: 79.70
Stop Loss: 95.95
$Alibaba 5xLongSG230329(DKCW.SG$
$Alibaba 5xShortSG230330(DAJW.SG$
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B3llo : Just don't trade China Stocks becoz just 1 word from ccp can send the share rocketing or dropping
102987738 : you are right! Just be careful around the low $70s.