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- What will make you decide to go with one or the other? In this case I have two levels of monitoring, then I'll have to wait for an initial rebound and monitor its retracement, he often builds a abcd and try the point "C" as entry level. stop on canceling pattern. (watch minor TF)
- What do you need to see to confirm that you should hold the position? I go in search of a reversal pattern, probably on a time frame less (H4)
- How much % of equity, do you think, ought to be risked and where should the stop be placed? Stop out below the green box? stop out following the cancellation of the pattern, but a lot depends on your money management.
I replied in my best way, but it often happens that theory and practice are diverging, then the best thing would be to follow step by step analysis.
Thanks for your questions and happy trading!