Isn't SL at 493 too high? 486 would be more apt. It can easily touch 493 and still go up.
acl123
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@nginx, Thanks for asking. On this particular model we place our SL at the point of the 3rd low in the setup structure and in this instance that's set at 493.
No reason why you couldn't set it at 486, though for me that would make this setup invalid.
I could be wrong and often am. Good luck and thanks again for your question.
nginx
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@acl123, Looks like the stop loss at 493 got hit today.