Buying the break on Meituan

Looking to play the continuation now.

With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position if price breaks the horizontal swing high resistance and 78.6% fibonacci retracement at 211.6 to my take profit at the next horizontal swing high resistance at 238.5 in line with the horizontal swing low resistance. Alternatively, price may break structure and head for my stop loss where the next horizontal swing low support and 23.6% fibonacci retracement.

Entry: 89.05

Take profit: 99.60

Stop loss: 186.6