Thoughts on Tencent?

Hey guys, I have a sell setup at $TENCENT (00700.HK)$

On the H4, with prices moving below the ichimoku indicator, I have a bearish bias that price will drop from the sell entry at 353.3 in line with overlap resistance to the take profit at 328.0 in line with swing low support and 78.6% fibonacci projection. Alternatively, prices could break entry structure and rise to stop loss at 375.0 in line with swing high resistance and 78.6% Fibonacci projection.

Entry: 353.3
Take Profit: 328.0
Stop Loss: 375.0

$Tencent 5xShortSG230202 (DTCW.SG)$
$Tencent 5xLongSG220808 (DDLW.SG)$