Check out OCBC

Hey all ! Check out $OCBC Bank(O39.SG)$ ! Price is reacting in between the descending channel and a descending trendline resistance, signifying an overall bearish momentum. I can expect price to drop from pivot level in line with 50% Fibonacci retracement and drop towards the take profit level in line with 100% Fibonacci projection. My bearish bias is further supported by the price holding below the Ichimoku cloud.

Potential Pivot level @ 11.34
Potential Take Profit level @ 11.06
Potential Stop Loss level @ 11.46