Thoughts on China Merchants Bank?

Im looking to get in with a short cause price is below the ichimoku and seems like there's bearish momentum. Let me know what you think bout entry at swing high of 47.70, stop loss at horizontal pullback resistance and 50% Fibonacci retracement and take profit at 41.45 at swing low and 78.6% Fibonacci retracement.

Entry:47.70

Take Profit:41.45

Stop loss: 52.10