1.) What did I see? A gap down and weak first bar. Bars two through five could not rally or make any significant move into the first bar's real body. The sixth bar was a narrow range, bearish candle. 2.) What is the entry? A break of the sixth bar low. 3.) What is the exit? The target is the Fibonacci extension of the previous day's high to the opening range low - hit at the end of the day.
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