Hello ! Here is my trading idea on $WILMAR INTERNATIONAL LIMITED(F34.SI)$Price just broke out of the descending trendline resistance !
We can expect price to push up from the Pivot level ,in line with 38.2% Fibonacci retracement, towards the Take profit level in line with 78.6% Fibonacci retracement and 161.8% Fibonacci projection.
Potential Buy Entry @ 4.31 Potential Take Profit @ 4.56Potential Stop Loss @ 4.25If you wish to use leverage on this, you can consider using $Wilmar 5xLongSG220225(DFHW.SI)$
![[Tongue]](https://c1.itigergrowtha.com/community/assets/media/emoji_013_guilian.048e5026.png)
![[Call]](https://c1.itigergrowtha.com/community/assets/media/emoji_050_kanzhang.2ebf50e9.png)
![[Eye]](https://c1.itigergrowtha.com/community/assets/media/emoji-069-looking.e352b1f4.png)
![[Strong]](https://c1.itigergrowtha.com/community/assets/media/emoji_039_qiang.91ef6183.png)