#BreakoutTradingStrategy
📈 Breakout Trading: Power & Pitfalls 🚨
Breakout trading = entering a position when price breaks key support/resistance levels — often a signal of strong momentum & big move potential. 💥
But beware of fakeouts 😵💫 — false breakouts that trap traders before reversing.
🧠 Tip: Combine breakouts with volume confirmation or multi-timeframe analysis to reduce risk.