Forex Tutorials: Breakouts

From winnersedgetrading.com

Breakout is a move beyond some prior significant level such as a round level or strong S/R areas. Breakouts could be used in swing trades and also for intraday and scalping. Depends on the method we are using, breakouts have got different profiles. I will show you some examples of these breakouts but before getting started I want to classify breakouts in two groups: