IAA - Key Reversal (KR) Buy Setup

Confirmation signals
- Key reversal (KR) buy signal
- Volume spike, volume greater than the previous day's volume
- RSI at oversold region (below 30 the previous 2 days)
- Trend line respected
- KR buy at Fib retracement of 0.382

Long Entry @ 50.00
Take profit @ 54.98
Stop Loss @ 48.63

Trade active:

Long @ 50.00

Comment:

Exit at 48.63
P/L= -5.15%