Breakout Trading Strategy

Flat Top Breakout Trading

Breakout Trading Strategy, Momentum, Momentum Trading, Trend Following, Trend Trading / By Steve Burns

The flat top breakout chart pattern gets its name from the top of the chart being flat as sellers and buyers have met and agreed at the key resistance level. Once trades take place above that flat upper resistance level it is considered a breakout above that level. Flat top breakout trading is used by …

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10 Rules For A Breakout Trading Strategy

Breakout Trading Strategy / By Steve Burns

Chart Courtesy of StockCharts.com Breakouts can be signals based on price breaking and closing above a declining trend line, horizontal trend line, or a close above previous price range resistance. Once a breakout is entered a stop loss can be placed at the low of the bar of the day of the breakout. …

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