I would use 2bar low to trail stop. The trade would be dead, when 2 cosecutive bear bars trade entirely below the 20EMA,and the third bar trades below the low of the 2bars low. Until the, I'll hold the trade.
Motnhlt-Weekly_daily, and sometimes 4H for finer entry. Setups spotted on Weekly and Monthly are pretty strong. Most especually, If I get a directional bias on the weekly, I love to hold the trade and stop starring. It helps a lot ;)
It's boring sitting to watch charts all day.There's more to life than Trading. My number one objective at trading is to take money out of the market. Period! And so, I try to keep things simple and less.;)