Thoughts on Baidu?

Hey everyone, I have a setup here $BIDU-SW (09888.HK)$

On the H4, with prices moving below the ichimoku indicator, we have a bearish bias that price will drop to sell entry at 130.8 where the overlap support, 100% fibonacci projection and 50% fibonacci retracement are. Once there is downside confirmation of price breaking sell entry, we would expect bearish momentum to carry price to take profit at 104.2 where the swing low support is. Alternatively, price may rise to stop loss at 155.8 where the swing high resistance and 100% fibonacci projection are.

Entry: 130.8
Take Profit: 104.2
Stop Loss: 155.8