All language subtitles for 7. Last Level Barrier--- [ DevCourseWeb.com ] ---

Iterators where you have 3.7 which covers last level of barrier this is a situation when there is one

vote that stacked close to another level.

To be on the safe side we should always put our protective stop on the further end of the level.

Right.

These areas are also prone to getting StubHub out because there are usually lots of stop or sitting

down.

So we have a chart of the dollar strength here and we have the horizontal support level

support support support fake out finally break out.

They tested again as resistance.

So you may be wondering in this case because press overshot this line by a few pips right.

Keep an eye on this level here right above the horizontal line.

And this here is what I define as the last level barrier.

Right.

To be on the safe side.

If you are to take a short break put your stop loss beyond this point OK.

See these areas here put yourself in the shoes of a sailor and imagine where you put your stop loss

is.

Right.

Remember our stop losses for ourselves trade is actually a by stop order right.

And those are by orders that the settlers can sell from.

And in this case the orders got taken out before Price movers.

All right.

Here's another one here.

We have previous resistance here.

You know sort of like this

so dream is resistance Broca retests went up.

Right.

Here's the level here's a potential future support slightly below it.

You can draw your examples here.

See what happens here right.

Price came near to support in bonds second time and that the third time because their stock orders sitting

down over here.

Came down to retest this the man happens that.

So it's always best to book your stop loss on the further end of the bull in this case below.

This rectangle which is the last level barrier example here prices making a move from such a doctrine

and trying to get back to be able to join the Bears right.

Guess what we have here.

Nice drop by drop the

price retest it was the first time the best jump in second time made it into the third time however

it actually came up to retest this last barrier.

Right.

Why is that so

stop orders.

We're here right sitting down.

He's got Phil price immediately went to the downside.

So it's best to put a stop loss here.

This Mario is pretty straightforward.

It's really simple.

You simply look for another level that's on top or below a level and put just stop us beyond that point.