Hi Mr. G - Nothing wrong with taking a more cautious view - I try to do thadt these days, not always fully. First potential entry for EOD traders would be simultaneous with breach of today's high, but that could occur as early at 5 past 8 tomorrow, then we could fall all day and violate today's low, which negates the long signal, for a big loss of 120pts.Safer to wait until no chance of the low being breached and then taking whatever is current price for the long at or near 4:30pm, assuming the high has been breached. Could even be less than 120 but still a valid signal. Stop would still be 5050.
More cautious again would be wait for continuation signal from breach of 22/09 high as you say, but where would you place stop? From high 22/09 to low 28/09 is big 140pts, but only another 20 on top of the more aggressive move above so probably worth the caution to reduce the risk: once 22/09 is breached it seems more sure we are going up. I hate outside days as swing points because the distance to the stop is so excessive. Where will you put your stop?