Thoughts on Singtel?

On the H4, with prices moving above the ichimoku indicator and within an ascending channel, we have a bullish bias that price will rise to buy entry at 2.58 where the pullback resistance is. Once there is upside confirmation that price has broken buy entry, I would expect bullish momentum to carry price to take profit at 2.68 in line with 78.6% fibonacci projection, 50% fibonacci retracement, 78.6% fibonacci projection and pullback resistance.

Alternatively, price could drop to stop loss at 2.53 where the swing low support and 61.8% fibonacci retracement are.

Entry: 2.58

Take Profit:2.68