DislikedHe Mike, Would this be an area where a pre-emptive BEOB - even on lower TF's - makes a good setup? I'm considering to short PA short from under this TL, does that make sense? {image} _______________________________________________________________________ Update: Seems like Oanda was thinking along the same lines here... {image}Ignored
Yes absolutely. Really you can use a pre-emptive breakout bar on any situation where price should be breaking a significant area, TLs, Breakout patterns, S/R etc
I find them to be the most useful on breakout patterns(which is more than just a TL break such as a wedge formation) but also on TL breaks they work too
Best
Mike