Thoughts on Baidu?

Hey fellow investors!! I have brought another setup today $BIDU-SW (09888.HK)$

On the H4, with prices moving above the ichimoku cloud, I have a bullish bias that prices will rise from buy entry at 138.0 where the pullback support is to the take profit at 156.6 where the swing high resistance, 100% fibonacci projection and 127.2% fibonacci extension are. Alternatively, prices could break entry structure and drop to stop loss at 130.7 in line with overlap support and 50% fibonacci retracement.

Entry: 138.0

Take profit: 156.6

Stop loss: 130.7

$Baidu 5xShortSG230330 (DBJW.SG)$
$Baidu 5xLongSG230329 (DLEW.SG)$