It looks like a good T tap with a looking sleeve. Long time ago I used a T tap with no sleeve so it opened by itself after a while. I ended up soldering the wires.
Below is the picture showing a backup warning device I installed in front of the speedometer and tacometer.

I opened the back up warning device cover, drilled a hole for this green LED on the PCB where there are no other components. The LED hole is at the right most end, next to the letter R.
One thing I found with my wiring is that when I turn on high beam, this green LED turns off. Therefore, it is not an ideal wiring but I am ok with it now.