Buying Meituan anybody?
with price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position at the 23.6% Fibonacci retarcement to my take profit at the horizontal swing high resistance. Altertively, price may break structure and head for my stop loss where the next horizontal pullback support and 38.2% fibonacci retracement.
Entry: 186.6
Take profit: 210
Stop loss: 175.8
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