Most Fibonacci traders do take full or partial profit at that level. The price may slow down a bit to acknowledge that level or consolidate before a reversal or continuation. If one is day trading during the best times of the day, it is normal that the price runs fast to the target 127% Fib.
The mistake that most traders are making is that they notice a nice price action that carries the price to that target and quickly jump into it without further investigations. I have done it myself as a beginner until I understood what was taking place. If you are TSTW 24, please do not forget that target. Slow down.