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Breakout Box
Breakout Box and EMA Trading System to find the breakout after Price consolidation
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Breakout Box
Breakout Box and EMA Trading System to find the breakout after Price consolidation
Breakout trading tends to occur after periods of extended price consolidation. The breakout box can be used to find areas of price consolidation and to take advantage of these markets when prices break through support or resistance. We call these areas of price consolidation breakout boxes. Traders can take advantage of breakouts to jump early into newly forming trends with the potential to make extended runs once prices breakout, or to find areas of price consolidation within an established trend. This system makes use of the breakout box indicator and an 85 EMA to find a good signal
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