Thoughts on Tencent?

On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise from buy entry at 325.0 where the pullback support is to the take profit at 374.5 where the pullback resistance, 78.6% fibonacci retracement and 100% fibonacci projection are. Alternatively, price could break entry structure and drop to stop loss at 297.0 where the pullback support is.

Entry: 325.0

Take Profit: 374.5

Stop Loss: 297.0