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I have a question regrading SL approach with far EG+EF,
I've attach a chart of situation where both beef and bueg are very close, and the obvious location for the SL would be below the bueg pattern.
How should I approach this situation where I want to go long after breaking the BEEF, should I set SL below the BEEF or far below BUEG that broke the BEEF
EDIT: in diagram posted, correcting mistake: px reaches only entry 1
I have a question regrading SL approach with far EG+EF,
I've attach a chart of situation where both beef and bueg are very close, and the obvious location for the SL would be below the bueg pattern.
How should I approach this situation where I want to go long after breaking the BEEF, should I set SL below the BEEF or far below BUEG that broke the BEEF
EDIT: in diagram posted, correcting mistake: px reaches only entry 1
profiting on actionable patterns
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