Breakout

A breakout is a situation when the momentum of the price action is so strong that it moves beyond key levels of support (downside breakout) and resistance (upside breakout). Breakouts usually occur as a result of high impact news releases or some other factors that cause traders in the market to generally place orders in one direction.

By |2018-09-04T14:10:59+00:00September 4th, 2018|0 Comments

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