The chart shows why I avoid anything but drop dead stops.
You can see where the trade entry is. Not a great trade location as it's a bit far from the shorter EMA but still OK.
The trade fails as the trend is now suspect but the context allows an exit at break even. An order can be placed at resistance which in this context is the longer EMA. When the DoubleDown entry is executed, an order is placed to exit at break even with a drop dead stop still in place (there is ALWAYS a drop dead stop in place in my trading plan).
Market pulls back from resistance and the trade is exited at break even.
Looking for a new trade.
This can be done as a discretionary, hybrid or fully auto trade.