In this image, you can see we have a horizontal red line at the last pivot low.
This red line is right above our entry on our short position.
This means that we would not have to place our stop loss very far from our entry in order to have a good risk:reward on this trade.
This red line is right above our entry on our short position.
This means that we would not have to place our stop loss very far from our entry in order to have a good risk:reward on this trade.
