Line Break Question

[dogbaron]

I've got a specific question about line breaks:

Say you've got long trade planned on a line at 100.00 and it breaks long to 100.08 but you don't enter for some reason then it retraces to say 99.80 before heading back long. At what point do you then consider suitable entry?

Conservative would (I guess) be to wait for 100.09 before entry but that means that your profit against the target is reduced and your stop loss is tighter in relation to your original line.

To date I've been conservative but I'd like to know how others approach this situation. Would many of you guys out there enter at say 100.03 (if the price action looked right) even though 100.08 was right ahead as a resistance. Basing the entry decision on your original target for entry, being the 100.00 line

I know it may be tricky to answer if the answer is: it's an individual trade and it's up to your intuition. But if the answer is a flat: no, because unless you wait until 100.08 is passed you'll be gambling as a pose to trading, then that is slightly more clear cut.

Thanks for any thoughts on this ramble.