Hey guys! I have brought a setup here for you guys $JD-SW (09618.HK)$
On the H4, with prices moving along the ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise from buy entry at 229.6 where the pullback support, 61.8% fibonacci retracement and 61.8% fibonacci projection are to the take profit at 253.4 where the swing high resistance and 61.8% fibonacci retracement are. Alternatively, price could break entry structure and...

Hey everyone! I have a setup here $JD-SW (09618.HK)$
On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise to buy entry at 253.4 where the swing high resistance is. Once there is upside confirmation that price has broken entry structure, we would expect bullish momentum to carry price to take profit at 286.6 where the swing high resistance, 127.2% fibonacci extension and 78.6% fibonacci projection are. Alternatively, p...

Hey everyone, I have a setup here $JD-SW (09618.HK)$
On the H4, with prices moving within a descending channel and below the ichimoku indicator, we have a bearish bias that prices will drop from sell entry at 229.0 where the pullback resistance and 23.6% fibonacci retracement are to the take profit at 189.4 where the swing low support, 78.6% fibonacci projection and -61.8% fibonacci expansion are. Alternatively, prices could break entry structure and rise to stop los...

Hey everyone! I have a nice setup for you guys $JD-SW (09618.HK)$
On the H4, with prices moving within a descending channel and below the ichimoku indicator, I have a bearish bias that price will drop to sell entry at 229.0 where the pullback support is. Once there is downside confirmation that price has broken entry structure, we would expect bearish momentum to carry price to take profit at 189.4 where the swing low support, 78.6% fibonacci projection and -61.8% fi...

Hello guys! I have a setup here $JD-SW (09618.HK)$
On the H4, with prices moving within a descending channel and RSI moving along a descending trendline, we have a bearish bias that prices will drop to sell entry at 229.0 where the swing low support is. Once there is downside confirmation that prices has broken entry structure, we would expect bearish momentum to carry price to take profit at 189.4 where the swing low support, 78.6% fibonacci projection and -61.8% fi...