- Mark the highest price and the lowest price during this window - This gives you your breakout levels - Do not anticipate the breakout — react to it Step 2: Wait for the Breakout Now comes the fun part: price moves out of the range. After 9:00 a.m., you wait for price to break out of the range that formed during the 8:00–9:00 a.m. window. There are two possible plays: - Breakout to the upside → You look to go long - Breakout to the downside → You look to go short But here’s where most people get it wrong. You don’t enter just because price breaks the line. You enter only when confirmation is in place. Step 3: The Entry Confirmation For the Breakfast Breakout, we use simple but powerful confirmation tools - the EMA (exponential moving average) and the optimum candlestick patterns.
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