When placing your stop loss, you must consider areas of support. Team FXG’s SL on this signal is located above prices uptrend and bottom zone. In the event price makes its way towards our SL we will have some sell sensitivity to provide protection. #insurance www.forexgentleman.com
Above you see a sketch which illustrates where you should place your stop loss when trading bullish and
Engulfing patterns. If the pattern fails to move in the desired direction causing the stop loss to be hit,
it will prove the trade assumption wrong and act to protect your bankroll.
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