Thoughts on SIA?
On the H4, with prices moving above ichimoku cloud, I have a bullis bias that prices will rise from my pivot at 5.46 where my overlap support and 23.6% fibonacci retracement are to my take profit at 5.58 where my swing high resistance and 100% fibonacci projection are.
Alternatively, prices may break entry structure and head for stop loss at 5.33 where my pullback support and 50% fibonacci retracement are.
Entry: 5.46![]()
Take profit: 5.58![]()
Stop loss: 5.33![]()
$SIA 5xShortSG240306(DRBW.SG$
Alternatively, prices may break entry structure and head for stop loss at 5.33 where my pullback support and 50% fibonacci retracement are.
Entry: 5.46
Take profit: 5.58
Stop loss: 5.33
$SIA 5xShortSG240306(DRBW.SG$
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