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Going short for JD?

I am considering going for sell if the price breaks through the horizontal support level at 190.8 since price is below ichimoku which suggests bearish momentum. I will probably put my take profit at the swing low at 161.4 and my stop loss at 216.6 which is in line with the 23.6% fibonacci retracement.
Sell entry: 190.8
Take profit: 161.4
Stop loss: 216.6

$DTZW.SG$
$DCEW.SG$
Going short for JD?
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