DislikedHi Farb,
I think Griz is talking about a 99% pull back to where the Stop Loss would be on that entry. If the entry was at the break of that 4hr BEOB at around 1.03550, there was a pullback to 1.04000+ before the trade went into profit.
The logical place for a SL on that trade would have been around 1.04200, so there was around a 99% pullback to where the stop was placed.Ignored
Would the BEOB be a confirmation of the PB? Would one not consider the PB on its own merit?
Thx/Farshad