thoughts on singtel?

with price moving below the ichimoku cloud and the current bearish pressure, Im looking to get in on a sell position at the horizontal pullback support to my take profit at the horizontal swing low support and 61.8% Fibonacci retracement. Altertively, price may break structure and head for my stop loss where the next horizontal pullback resistance is.

Entry: 2.48

Take profit: 2.31

Stop loss: 2.58