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10 best price action trading patterns
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=== Breakouts === Breakout of what? Of any support or resistance. It does not matter. Every trend bar is a breakout of something, if only the high or low of the prior bar. With experience, traders begin to see what is truly being broken out. The most common things are trading ranges, pullbacks, prior highs and lows, trend lines, channels, and moving averages. Sometimes traders need to switch to a higher time frame to see the breakout. Among the 10 best price action trading patterns, breakouts are my favorite because I like high probability trades. [[文件:10PA Fig6.png|无|缩略图|800x800像素|A breakout is simply a trend bar up or down. A breakout always closes beyond at least minor support or resistance. The bigger the bar and the more important the support or resistance, the more likely the trend will continue at least a little longer.]]
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