3 Box Forex Breakout Strategy

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3 Box Forex Breakout Strategy

This is a box strategy that will form from the 3:00 at the 9:00. (GMT Berlin). It uses a 30 or 60 minute chart. It works for EURUSD, GBPUSD, AUDUSD and USDCHF.

Forex Indicator:

  • 3 Breakout Box.

Rules:

  • Insert pending order how indicate on the screen.
  • Target Price 1 30 pips.
  • Target Price 2 60 pips.
  • Target Price 3 90 pips.

Initial Stop loss 30 pips after 22 pips in gain move stop loss at the entry price.

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