Where Should I Place a StopLoss Order using Resistance Zones?
Determining Where Should You Set a StopLoss Order using Resistance Zones?
Resistance Areas
Resistance levels can be used to set stop loss levels where the stoploss orders are set just above the resistance area.
- Sell Trade - StopLoss Order set few pips above the resistance level
Sell Trade - StopLoss Order set a few pips above the resistance area
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