Thoughts on Bilibili?
Hey everyone, it's me again! Back with another trade setup $BILIBILI-W(09626.HK$
On the H4, with price moving above the ichimoku cloud and within the ascending channel, we have a bullish bias that price will drop and rise from the buy entry at 210.2 where the pullback support is to the take profit at 238.0 in line with 61.8% fibonacci projection, 78.6% fibonacci projection, 127.2% fibonacci extension. Alternatively, price could break entry structure and head for stop loss at 182.8 where the -61.8% fibonacci expansion, 61.8% fibonacci retracement and swing low support are.
Buy Entry:210.2![]()
Take Profit: 238.0![]()
Stop Loss: 182.8![]()
On the H4, with price moving above the ichimoku cloud and within the ascending channel, we have a bullish bias that price will drop and rise from the buy entry at 210.2 where the pullback support is to the take profit at 238.0 in line with 61.8% fibonacci projection, 78.6% fibonacci projection, 127.2% fibonacci extension. Alternatively, price could break entry structure and head for stop loss at 182.8 where the -61.8% fibonacci expansion, 61.8% fibonacci retracement and swing low support are.
Buy Entry:210.2
Take Profit: 238.0
Stop Loss: 182.8
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