Preconditions: Entry could be into trend direction or against. Entries into trend direction have bigger priorities. Price Move more than 90% of ATR to key level. Far better when we have more than 100% as more as better. Fast approach on the lower time frame. Best when the last 1 hour has more than 50% of ATR. The price moved many days towards the key level without decent pullback or range.
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P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.