Hi guys, I have a setup here for you $TENCENT (00700.HK)$
On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise from buy entry at 325.0 where the pullback support is to the take profit at 374.5 where the pullback resistance, 78.6% fibonacci retracement and 100% fibonacci projection are. Alternatively, price could break entry structure and drop to stop loss at 297.0 where the pullback support is.
Entry: 325.0
Take Profit: 374.5...

Hi everyone! I have a setup here for you guys $TENCENT (00700.HK)$
On the H4, with prices moving along the descending trendline and below the ichimoku indicator, we have a bearish bias that prices will drop to sell entry at 297.0 where the pullback support is. Should price break entry structure, we have a bearish bias that price will drop to take profit at 253.0 where the 78.6% fibonacci projection and -27.2% fibonacci expansion are. Alternatively, prices could rise to stop l...

Hey everyone! I have another setup here today $TENCENT (00700.HK)$
On the H4, with prices moving along the descending trendline and below the ichimoku indicator, I have a bearish bias that price will drop to the sell entry at 297.0 where the swing low support and -27.2% fibonacci expansion are. Once there is downside confirmation of price breaking entry structure, we would expect bearish momentum to carry price to take profit at 253.0 where the 78.6% fibonacci projection and ...

Hey everyone, I have another trade setup here today $TENCENT (00700.HK)$
On the H4, with prices moving along the descending trendline and moving below the ichimoku cloud, we have a bearish bias that price will drop to sell entry at 330.6 in line with swing low support and 161.8% fibonacci extension. Once there is downside confirmation of price breaking sell entry, we would have a bearish bias that price will drop to take profit at 296.0 in line with swing low support and 100%...

Hey guys! I have brought another setup today $TENCENT (00700.HK)$
On the H4, with prices expected to bounce off the stochastic support, I would expect prices to rise from buy entry at 362.0 where the pullback support and 100% fibonacci projection are to the take profit at 403.5 in line with swing high resistance and 61.8% fibonacci retracement. Alternatively, price could break entry and drop to stop loss at 325.0 where the swing low support is.
Entry: 362.0
Take Profit: 40...