Thoughts on UOB?

Hey guys! I have a setup here today $UOB(U11.SG)$

On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that prices will rise to the buy entry at 28.18 where the overlap resistance, 38.2% fibonacci retracement and 61.8% fibonacci projection are. Once there is upside confirmation of price breaking entry structure, we would expect bullish momentum to carry price to take profit at 32.55 in line with swing high resistance. Alternatively, price could drop to stop loss at 25.62 where the swing low support and 161.8% fibonacci extension are.

Entry: 28.18
Take Profit: 32.55
Stop Loss: 25.62

$UOB 5xLongSG230713(DHBW.SG)$
$UOB 5xShortSG221201(DEZW.SG)$