So if you get a sell signal when the price came from above the base pivot and closes below then its a safe sell according to the rules. But if you get an alert while price is already trading below the base pivot, then it should still be a good short, right? Would you then place your stoploss on the R1 pivot as per the rules or at the base pivot? Because else it really screws up your RR.
I attached a screenshot of the GBPAUD signal I got today, but I was in doubt on how to trade this one.
I attached a screenshot of the GBPAUD signal I got today, but I was in doubt on how to trade this one.