- A breakout is when the price moves above a resistance level or moves below a support level .
- Breakouts provide low risk & high reward. Great Risk/Reward ratio.
- Best entry after retest
- Breakouts can be subjective since not all traders will recognise or use the same support and resistance levels.
Trade active:
Moving up as expected ! 🔥🔥🔥
Comment:
SL : Below 705