Technical_Analysis_page_296

Technical | Analysis page 296 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 13 Breakouts, Stops, and Retracements 267 When price rises above $50, the stop moves up with the price rise to three times its new ATR below the new high. Figure 13.8 shows what using the Chandelier Exit looks like. Using this method reduces the likelihood that a false breakdown will occur…