The line builds as prices come in. Keep the page open, or reopen it later on this device; it remembers the last 16 hours.
Stop loss (SL) goes where the idea is proven wrong, not where the loss feels small. For a short, that is just beyond the level sellers should defend. If price gets there, the reason for the trade is gone.
Take profit (TP) goes just before the next level where the other side is likely to show up. TP1 banks part of the move; after TP1 the practice rule moves the stop to entry, so the rest of the trade can no longer lose.
R:R is reward divided by risk. Below 1.5 the setup needs a very high win rate to pay. Waiting for a retest usually improves R:R because the stop can sit closer.
Setup status is tracked only from prices this page has seen on this device. A spike between two 20 second checks can be missed. The Mac watcher runs separately and keeps its own alerts.
Educational chart structure for learning only. Not financial advice, and not a recommendation to buy or sell. Prices from gold-api.com spot feed, which can differ slightly from your broker.