We all know why accuracy is important - we need to accurately determine where to put our SL. As simple as that.
But more important than accuracy is knowing what we are doing - am I right?
Out of the three methods above, my opinion is that only ONE holds true - the remaining two happen out of LUCK. Do note that 'luck' is very different compared to 'probabilities'.
To elevate your skills further, the 'secret' still lies in what I published (and deleted) 2 days ago - the shaded area.
Good luck - for me, at the D, and when price is HIGH, I look for a SELL.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.