Hey guys! Anyone else eyeing $GEELY AUTO(175.HK)
I'm seeing prices abiding to me descending trendline and going on a strong bearish momentum. Looking to get in at the sell entry @ 16.22 in line with 127.2% Fibonacci extension and also horizontal overlap. Probably going to short to 13.06 in line with 161.8% Fibonacci expansion and 61.8% Fibonacci extension have my stop loss at 17.2 in line with 61.8% Fibonacci retracement and descending trendline resistance also is somewhere closer to the 61.8% Fibonacci extension level.
Entry: 16.22
Take Profit: 13.06
Stop Loss: 15.2
What do yáll think?
$Geely 5xLongSG220621(DDHW.SI)
$Geely 5xShortSG230126(DDEW.SI)
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