Example of Pattern stop

This is an example of the ' Pattern stop ' - this is the stop we move when our long could well form a double top or when our short could well form a double bottom.

the stock is Coca -Cola

We have a nice long term trigger on the long term ( left chart) and a very good entry on the short term ( right chart) .This looks like a perfect set up.

With out the ' Pattern stop' being implemented we could of lost on this signal.