Breakout101

Let’s simplify it:

📍 Support = Floor:

When price keeps bouncing up from a level — that’s support.

📍 Resistance = Ceiling:

When price keeps getting rejected at a level — that’s resistance.

🌀 If price is stuck between both, it’s ranging — just moving sideways.

🔥 So, What’s a Breakout?

✅ Breaks Above Resistance = Bulls are in control → Buy signal

✅ Breaks Below Support = Bears take over → Sell signal

But here’s the golden rule 🧠:

👉 Don’t FOMO into a breakout instantly.

✅ Wait for a retest — if the price comes back to the breakout zone and then bounces again, that’s your confirmation.

💡 Pro Tip:

Most fakeouts happen when traders rush in without confirmation.

Patience = Profit.

📈 Master this and you’ll avoid 80% of beginner mistakes.

🔔 Follow me for more beginner-friendly trading tips.