CBA (Common Wealth Bank of Australia) potential Long

Buy orders set at Support Level dating back to 2012, the Level has not been tested very often, increasing the probability of a bounce. The level also acted as a strong resistance in the past. FIB level seems the most likely target for the bounce. Possible 8.5% + Trade, with high R.
banksCBAcbalongFibonacciMultiple Time Frame AnalysisSupport and Resistance

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