Stop Loss with Harmonic Patterns

Setting up the sensible stop loss can be tricky for harmonic patterns. This is a short simple article showing how to resize your stop loss and take profit with harmonic patterns .

The same principle can be applied for BAT, Gartley, Butterfly, Shark Pattern, Three drives, 5 to 0, etc.

You can apply the same principle to Harmonic Pattern Scenario Planner.