Euro / Australian Dollar
Education

Breakouts (Keep Trading Simple)

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Breakouts

Violation of Trend Line, Support or Resistance, or previous reversal point.

It signifies that a change in buyer and seller behavior and signals the beginning or end of a trend.


See chart for more visual clues on how to trade this: 1:4 risk reward would have worked on this trade or 20 pip stop vs 80 pip target+.

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