ilmscore | Prediction Details
"I normally put my stop loss below the engulfing candle somewhere that makes sense in this case it made sense to put it below the entire Zone because I could still get a decent reward to risk ratio doing that"
By The Trading Channel (The Trading Channel) | August 28, 2023 | Pending
From video
The Only Candlestick Pattern I Would Use If I Had To Start Over Trading... (Insanely Effective) 00:09:08 - 00:09:15
Interpreted Prediction
Stop losses are typically placed below the engulfing candle or, in specific cases like the example, below the entire trading zone to maintain a favorable reward-to-risk ratio.

Prediction Details

Topic
Trading Risk Management

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