#BreakoutTradingStrategy #BreakoutTradingStrategy

The Breakout Strategy is considered one of the strongest trading strategies, especially when the price has been in a tight range for a long time. I often use it when prices break through strong support or resistance levels. For example, if the price is moving between $24,000 and $26,000 for Bitcoin, and suddenly breaks above $26,000 with high trading volume, that is a signal for me to enter. Of course, I use a close stop loss to avoid losses if the breakout turns out to be false. This strategy has worked for me multiple times, and I believe it is very useful if used alongside good technical analysis.

#BreakoutTradingStrategy