If you're into breakout strategies, the sweet spot is aiming for a 100-pip range in the SND area on the H4 timeframe. Set your entry points (OP) at the price of five units (2165, 2175...), and don't forget to place your stop-loss (SL) at 100 pips. When the trend rally seems like it's going to stretch out in the H4 ChoCh, I go for a multiple-entry approach, keeping it within the bounds of Fibonacci extensions. If it happens, why not dive in with multiple entries and a risk-reward ratio of 1:2? Worth a shot!
If you're into breakout strategies, the sweet spot is aiming for a 100-pip range in the SND area on the H4 timeframe. Set your entry points (OP) at the price of five units (2165, 2175...), and don't forget to place your stop-loss (SL) at 100 pips. When the trend rally seems like it's going to stretch out in the H4 ChoCh, I go for a multiple-entry approach, keeping it within the bounds of Fibonacci extensions. If it happens, why not dive in with multiple entries and a risk-reward ratio of 1:2? Worth a shot!