We have three Bullish Divergent Bars; Middle one closed quickly; lately followed by the first (most left) one. Nevertheless these loses another DBar has been formed few sessions later giving us another entry point.
Because for the fast rally after entry point on last DBar (green line #1) two more Buy Stop orders have been placed on the previous DBars (line #2).
There was a critical moment after these order has been added because market turned down forming a bullish fractal fortunately followed by a bearish one.
Another 5 lots Buy stop order has been hit when bullish fractal has been taken (line #3). This coincide with the 3rd green AO bar supported by great acceleration.
Adding was stopped for we currently have 5 consecutive green AO bars. That means that if no other fresh signal appears, market probably gets near to the top and a sideway or direction change will occur.
This is why the stoploss is tighten just below the Low of the last bar.
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