#BreakoutTradingStrategy What is Breakout Trading?

Breakout trading involves entering a trade when the price breaks above a resistance or below a support level with strong volume. It signals momentum in a new direction bullish or bearish.

Key Elements of a Good Breakout:

Criteria

Description

Resistance Level

Strong zone price failed t cross multiple times before

Volume Surge

Confirmed breakout with increased volume

Candlestick Confirmation

Clean breakout candle tho closes above/below the breakout line

Low Volatility Before Breakout

Tight price consolidation i good setup

Retest (optional)

Price comes back to test preakout zone = safer ent