Forex breakout trading strategies are similar to those in other markets, but the foreign exchange market has unique characteristics that make breakout strategies particularly effective.

The Forex market is highly liquid, volatile, and operates 24 hours a day, making it ripe for breakout opportunities. A breakout occurs when the price moves beyond a defined level of support or resistance, signaling a potential continuation or reversal of the trend.

Breakout Zones Indicator for MT4