๐Ÿ“ KEY LEVEL STRATEGIES ยท STRATEGY TEMPLATE

Prior Day High/Low
Break

The prior day's high (PDH) and low (PDL) are among the most-watched intraday reference levels. A clean break of PDH or PDL with momentum signals session bias continuation.

Key Level5mโ€“1H2:1 R:RMedium RiskIntraday
5-min
Trigger TF
1ร— PD Range
Target

Rules & Configuration

The full rule set, required indicators, suggested configuration, execution flow, and performance parameters for the Prior Day High/Low Break setup.

The prior day's high (PDH) and low (PDL) are among the most-watched intraday reference levels. A clean break of PDH or PDL with momentum signals session bias continuation.

Pivot PointsVWAPVolume
๐Ÿ“ˆ PDH Breakout Long
  • Mark prior day's high on intraday chart
  • Price approaches PDH during active session hours
  • 5-min candle closes decisively above PDH on volume
  • Price should also be above VWAP (session-level confirmation)
  • Enter long on close of breakout candle
  • Stop: back inside prior day's range (below PDH)
  • Target: 1ร— prior day range above PDH, or next daily pivot level
๐Ÿ“‰ PDL Breakdown Short
  • PDL is the target level
  • 5-min candle closes decisively below PDL with volume
  • Below VWAP for session-level bearish alignment
  • Enter short on candle close, stop inside prior day's range
  • Target: 1ร— prior day range below PDL
โš™๏ธ Configuration
  • // PDH/PDL Breakout Config
  • Level source: prior trading day's exact high/low
  • Confirmation TF: 5-min close beyond level
  • Volume filter: > session average
  • Alignment: VWAP must match breakout direction
5-min
Trigger TF
1ร— PD Range
Target
๐Ÿ’ก Pro Tip

PDH/PDL breaks in the first hour of the session are often false. Wait until at least 10:30 AM EST (US sessions) or 10:00 London. Breaks later in the session with pre-existing directional bias tend to follow through more reliably.

More Key Level Strategies Strategies

๐Ÿ”ต Round Number Reaction ๐Ÿ“… Previous Day High/Low ๐Ÿ”ต Round Number Rejection