Breakout (technical analysis)

Open now your exclusive account to trade with 0 pips spreads and leverage up to 500:1   A breakout is when prices pass through and stay through an area of support or resistance. On the technical analysis chart a break out occurs when price of a stock or commodity exits an area pattern. Oftentimes, a stock or commodity will bounce between the areas of support and resistance and … Continue reading Breakout (technical analysis)

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