Thoughts on SIA?
On the H4, price are reversing off the ichimoku resistance, giving me a bearish view of the trade. I am considering a sell trade where prices will drop from the pivot at 5.47 where the pullback resistance and 78.6% Fibonacci retracement are to the take profit at 5.33 where the pullback support is. Alternatively, price may break pivot structure and rise to stop loss at 5.55 where the horizontal swing high resistance is.
Entry: 5.47![]()
Take profit: 5.33![]()
Stop Loss: 5.55
$SIA 5xShortSG240306 (DRBW.SG)$
$SIA 5xLongSG230713 (DTGW.SG)$
Entry: 5.47
Take profit: 5.33
Stop Loss: 5.55
$SIA 5xShortSG240306 (DRBW.SG)$
$SIA 5xLongSG230713 (DTGW.SG)$
![Thoughts on SIA?](https://ussnsimg.moomoo.com/7561678b-f53a-4e65-a2b1-72a88ae991e1.png/bigmoo)
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