The markets can take out the previous high or low without change the current trends -
The markets will always make you wonder the current trends and then change them without warning.
When looking for a "good entry price", you may consider looking at the previous bar's range and place an entry order to go long below the low of the previous bar or short above the high.
It would be important to know the overall trend and try to stick in this direction using this entry model. The 4 to 9 bar cycle can play a key point with trends.
Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.