I trade break and retest on a 1H timeframe.
I look for 3 confluences that are confirmed below: 1. Break and Retest of Previous Support/Resistance. 2. 618 Fib. 3. 50EMA. Risk/Reward 1:1 to allow enough room to breathe.
Three Confluences: -Price has retraced to the 50% Fib. -26EMA -Retest of previous support/resistance.