In this strategy trader looks for ANY confirmation (in form of reversal either F.B. or B) of a resistance shown during first hour (most of the time during first 15 min of session open).
It helps when the level is already established prior, so initial resistance happens around an established level. Something from history or PM.
This strategy works with mirror levels as well, so bounce followed by breakout and eventual reversal, where that resistance becomes a F.B/B point. See MSTR and GOOG examples below.
Initial noticing:
