USD/CHF WINNER - NOT LIVE

Here is the only trade I have entered this week which unfortunately I could not post live as it happened. USD/CHF formed a BUOB played as contination on the daily. Now the formation by itself was not powerful enought to consider and entry long, however, if you look deeper you will see price broke a descending trendline and did retrace only to find support again on the broken trandline, then rebounded strongly creating that BUOB. I set an order to go long once the highs were broken at 0.9654 with stop below the BUOB low. My TP was at 0.9740 (JUST GOT HIT). Ideally now in hinsight I may have played it differently for tighter stop. See second and third chart.

Note the reason in rare occasions I play breakouts is because I have also learnt a strategy that can be used if factors of confluences are met. First of all we need to see a relevant level broken, in this case was the descending trendline, also find a scenario with no much troubling areas to face, afterwards we wait for a retracement to test the dynamic support created by the trendline and we enter once the most recent highs are broken. See in H4 price broke past the trendline, quickly retested trendline support and came back up breaking a bit higher but we had no follow through cause those little lows (in red dots) acted as hurdle (My entry in this example would have been around 10 pips above those lows). Then we had yet another chance when price retraced lower forming a PB off the trendline (see chart 3 for possible scenario to play it) and bounced back to break recent highs, at that moment, an entry a bit above 0.9600, around 0.9610 would have been great, placing stop loss below swing low. See how price did retrace later but your SL below that swing low would have never been violated...