Craftsman - Low risk high reward setup

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Stock is hovering around support.
The horizontal support is a Fibonacci 61.8% retracement level and confluenced with trendline support.
Shakeout is observed at support.
Low Risk, High reward setup.

Only for educational purpose.
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Two poor closings
Chart PatternsFibonacci RetracementTechnical IndicatorsswingtradingTrend Analysis

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