Thoughts on CapitaLandInvest?
Hey fellow investors!! I brought another trade for you guys to look at $CapitaLandInvest (9CI.SG)$
On the H4, prices are moving below the ichimoku indicator and MACD is showing bearish momentum, giving me a bearish bias that prices will drop from sell entry at 3.89 where the overlap resistance is to the take profit at 3.76 in line with swing low support and 127.2% fibonacci extension. Alternatively, prices could break entry structure and head to stop loss at 3.97 where the overlap resistance and 38.2% fibonacci retracement is.
Entry: 3.89![]()
Take profit: 3.76![]()
Stop loss:3.97![]()
$CapInv 5xShortSG231115 (REVW.SG)$
On the H4, prices are moving below the ichimoku indicator and MACD is showing bearish momentum, giving me a bearish bias that prices will drop from sell entry at 3.89 where the overlap resistance is to the take profit at 3.76 in line with swing low support and 127.2% fibonacci extension. Alternatively, prices could break entry structure and head to stop loss at 3.97 where the overlap resistance and 38.2% fibonacci retracement is.
Entry: 3.89
Take profit: 3.76
Stop loss:3.97
$CapInv 5xShortSG231115 (REVW.SG)$
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102184601 : I dun understand. Why take profit when drop till 3.76? Isn't it a lost?
Money come 88 102184601 : is a short trade, short at 3.89