ilmscore | Prediction Details
"the ATR indicator is right up here and right now you can see that the ATR is 59... we want to go that 59 Pips below the wick of this candle so we have 50 down to it that means 109 is going to be our stop loss"
By The Trading Channel (The Trading Channel) | September 23, 2022 | Pending
From video
ULTIMATE Candlestick Patterns Trading Strategy (Two Candlestick Patterns That Saved My Trading...) 00:09:26 - 00:09:48
Interpreted Prediction
The stop loss for the Dollar Yen trade is calculated by taking the current ATR (59 pips) and subtracting it from the entry candle's low (50), resulting in a stop loss at 109.

Prediction Details

Topic
Dollar Yen Trade Example - Stop Loss Calculation

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