
Technical | Analysis page 414 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 17 ShortTerm Patterns 385 protection stop at the first day’s low. If the buy is near the previous day’s low, then lower the stop to give some room for the pattern to develop. The reverse set of signals is valid on the sell side at a top. The exit is to sell on the close, or if the close on…