What is a Breakout Trading?

-->A breakout is when price moves outside of a defined boundary.

The boundary can be defined using classical support & resistance or trend line.

👉Advantages of trading breakouts:-

You will always capture the move. You are trading with the underlying momentum.

👉Disadvantages of trading breakouts:-

You get a poor trade location as you’re paying a premium.

You may encounter a lot of false breakouts.

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