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.
