Hi Pete,... becouse we are not harmonic traders but we use our Fib Strategy. You can't see here our multi time-frame analysis but only H4 chart, so we can filter some levels. If our analysis will be wrong, the market will take our protection level (stop-loss). For us, this is a speculative setup (reduce size with momey management), becouse on high TF, trend is still bearish. Have you a nice week!
NEWS: If you are interested in our setup, and you want to know where to put the stop loss for your trade, click an "I Like" and you'll get the stop level via private message directly on TradingView! ...Happy Trading and Happy Week!!