In
Breakout
Trading
Strategy
I rely on monitoring strong support and resistance areas, and wait for a true breakout moment with confirmation from
Volume
high. When a
Breakout
occurs, I enter the trade directly or after a
Retest
of the broken level. I use the
15m
or
1h
frame to determine the range, and rely on indicators like
RSI
and
MACD
to confirm momentum. Setting a
Stop
Loss
below or above the previous area is essential to protect capital, with
Take
Profit
based on measuring the previous movement range. This strategy is particularly effective during news or after periods of tight volatility. The key is patience and discipline and not jumping on every
Fake
Breakout.