Craftsman - Low risk high reward setup

Updated
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.
Order cancelled
Two poor closings
Chart PatternsFibonacci RetracementTechnical IndicatorsswingtradingTrend Analysis

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