Simple Breakout System By Zach

Hello everyone

I want to share one of the simplest breakout strategies:

Best for: Day traders Currency pairs: GBP/JPY GBP/USD USD/JPY EUR/JPY EUR/USD GBP/CHF USD/CHF NZD/USD CHF/JPY Box: 9pm to 5am GMT (8 hours)
Target price: 161.8 Fibonacci support and resistance box (this is the lowest price target)
SL:50 Fibonacci Support & Resistance Box

Rule Long: Arbitrarily Bullish Broken Candle Resistance (Early Signal)
Short: Any Bearish Broken Candle Support (Early Signal)
Time frame: M15

entry:
Break through 100 Fibonacci and enter immediately
PO @ 100 Fibonacci
PO @61.8 Fibonacci

Target price: 161.8 Fibonacci support and resistance box (this is the lowest price target)
SL:50 Fibonacci Support & Resistance Box

Attached picture (click to enlarge)

Any breakthrough triggered by #news is not a trap

Manual setup (above)