Breakout Plays with high volume hit target (prior high)

I programmed a strategy that sents an alert when price moves above prior days high (high had to be lower than prior days high), then usually on a pullback an entry can be made.

Target for such plays is prior days high.

I will try to post these kind of high reward/risk plays in the futures.

Its still in development and only works in current strong uptrending markets...

Please let me know if you see it completly different (then entering on a new lower low on the daily chart is also a valid entry :-)