DislikedSo break price is something like first sign of trend revers which could give me nice define low risk for trend reverse expectation if PA structure telling to us that.Ignored
Red Pirate,
Something else to be aware of if you're going to play breakouts of TL which I remember Will saying very early on when I was learning TL breakouts is you want to see the level clearly BROKEN. I noticed on your example with the CADJPY the breakout of the TL is 20 pips or so. That could have easily been a false break and you could have seen price back below the line. I used to look for breaks of at least 50 pips to be a confirmed break and used to like to see some space form away from the TL before returning to give the entry.
J