Certainty:
- SL1 - Low certainty
- SL2 - Good Certainty
Risk-Reward:
- SL1 - Really GOOD
- SL2 - Medium
I have a position with the first SL which makes it More aggressive. If my Count is correct then hitting the SL1 the position will be still valid but not certain so no need for it.
If you take the more conservative approach use the SL2 or make a combination.
If everything goes as planned, when we take profits we flip the position.
I'll keep you updated.
The certainty is low keep your risk low!