Here I took the trade for 3 reasons, 1 XABCD PATTERN 2 FIBONACCI level 0.618 is at the same level as strong support marked in purple on my chart which is where I set my take profit 3 the price was reaching the point D (the highest one) on the resistance of the descending channel existing since December. 4 RSI shows that the price is running out of steam, indicating a eventual drop
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