Thoughts on Xiaomi?

On the H4, with prices moving above the ichimoku indicator, there is a bullish bias that prices will rise from buy entry at 11.02 where the swing low support and 61.8% fibonacci retracement are to the take profit at 12.94 in line with 23.6% fibonacci retracement, 50% fibonacci retracement, 61.8% fibonacci projection and swing high resistance. Alternatively, prices could break entry structure and head for stop loss at 10.28 where the swing low support is.

Entry: 11.02

Take profit: 12.94