Opening-range breakout
A breakout strategy identifies a price range and waits for the market to move beyond it. The European opening range often focuses on major euro or sterling pairs around the London open, when liquidity and volatility can increase. Breakouts can fail, so confirmation and controlled risk remain essential.
A three-step framework
Context and invalidation
Major announcements, option expirations, session transitions, and the weekly average true range can change breakout quality. If the market quickly returns inside the opening range, the move may be a false break rather than a new trend.