Forex Trading Advanced Level Course
    About Lesson

    Trade Breakouts

    A breakout occurs when the price “breaks out” (get it?) of some consolidation or trading range. A breakout can also occur when a specific price level is breached, such as support and resistance levels, pivot points, Fibonacci levels, etc. With breakout trades, the goal is to enter the market right when the price breaks out and continue to ride the trade until volatility dies down.