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The stop

Stop and targetFor a short: the stop goes at the tip of the poke, the target at the middle of the range. The opposite edge is a further target that is good, but not the model's.Stop: tip of the pokeEntryTarget: the middleOpposite edge: good, not best

Put the stop at the furthest point price reached outside the range, the tip of the poke. If price goes back past it, the snap-back has failed and the trade is wrong.

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For education only. Nothing here is financial advice, and trading involves risk.

Candly
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