At an area of resistance which also was the top of a range
50% fib level is also present at this area
Fakeout of a downwards trendline
Take profit at the next area of support
Stop loss 1 ATR above our entry point which happens to be just above the 61.8% fib level
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read. We appreciate it all. Stay Safe - JPI
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