$BTC 🚀 Breakouts or Fakeouts? Let’s Talk Strategy!
#BreakoutTradingStrategy
📊 Breakout trading is like catching lightning — when price bursts through support or resistance, it signals momentum...
But not every breakout is real. Some are fakeouts that trap traders and drain portfolios.
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🎯 My Breakout Checklist:
✅ Volume Surge – If price breaks a level but volume stays flat, I stay out.
✅ Retest Entry – I wait for a retest of the breakout zone; confirmation is king.
✅ Multi-Timeframe Check – If the breakout aligns on 1H + 4H + Daily? 🔥
✅ Stop-Loss Precision – I set stops just beyond trap zones to avoid getting wicked out.
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💬 What’s Your Secret?
Do you use RSI, VWAP, Bollinger Bands, or Price Action only?
Let’s learn from each other.
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