This raises an issue I keep coming up a against when trying to plan r/r trades on bitcoin...the 515 stop is way under the price I'm prepared to buy in at...526 or 530 say...so what do you do in this case? The potential buy order cancels out the stop and the net effect is you do nothing? You don't put in the stop and you don't put in the buy...but then I'm trading without a stop which would be regarded as reckless. Whats the approach to this conundrum?
So in this case the stop conflicts with another buy position...so I'm saying 'I'll sell here' (because of the stop from 570 trade) but 'I will also buy here' (as I identify 526 as a buy in position) so the net effect is that I do neither. They cancel each other out.