5 minute breakout strategy

[Alihasan Jeraj 0]

Was Tesla a good example today where the 5 minute breakout strategy could be applied?
How reliant are most traders to this strategy?

[Matt 8]

Please provide a screenshot with your post so we can help you.

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How reliant are most traders to this strategy?

Personally, I use it as a strategy to take position as one element among many others because, by using only the 5-minute ORB, I find that it lacks the big picture. Often, I prefer to do a premarket range breakout using a daily bias derived from an analysis of the higher time frames.