Thoughts on SIA?

On the H4, with prices moving within an ascending channel and bouncing off the ichimoku indicator, we have a bullish bias that price will rise from buy entry at 5.42 where the pullback support is to the take profit at 5.50 in line with swing high resistance and 61.8% fibonacci projection. Alternatively, price could break entry structure and drop to stop loss at 5.33 where the pullback support, 38.2% fibonacci retracement and 100% fibonacci projection are.

Entry: 5.42

Take profit: 5.50

Stop Loss: 5.33