DislikedJarroo, Sorry. I did not put the question right. on the above when you say " I would wait for the setup to break" - How many pips the price has to go below the low of beob/dbhlc to consider it as a "break". ?Ignored
You can look for a retrace before it breaks, meaning if Price retraced to the 1.5700 before it broke. This is also viable when the setup is of high quality, but I prefer a break of the setup then a retrace . . even if its one pip. lol
Indicators show the past. Price Action "Indicates" the future.