CSCO Setup

Cisco Setup
1- Current trend is sideway, it was bullish Previously
2- Consolidation mode, let the price break the rectangle from upwards
3- Next resistance is at 50 and then 54
4- Next Support is at 46
5- if price goes above 50 then you can enter
Entry: 50.5
SL: 47.6
TP: 54
RRR: 1:1