The XYZ-Breakout trading strategy is one of the easiest trading methods when you prefer trading breakouts. The 1-2-3 method is basically a measured move trading set up where future price is projected based on past retracements. It is also referred to as the “X-Y-Z” pattern. This strategy is pure price action and therefore no indicators are needed. It is a good possibility for beginners to learn to understand trading with support/resistance and breakout.
Long Set up:
Short Set up:
Long Set Up
Short Set up