Insights on baba?

Hello investors!!!! What do you think about this setup $BABA-SW(09988.HK)$

On the H4, with the price reversing off the ichimoku resistance, I have a bearish bias that price will drop from my sell entry at 90.90 in line with horizontal swing high and 23.60% Fibonacci retracement to my take profit at 79.70 where my horizontal swing low is. Alternatively, price may break entry structure and move to stop loss at 95.95 where my 38.2% Fibonacci retracement and pullback resistance is.

Entry: 90.90
Take profit: 79.70
Stop Loss: 95.95

$Alibaba 5xLongSG230329(DKCW.SG)$
$Alibaba 5xShortSG230330(DAJW.SG)$