#BreakoutTradingStrategy

🔷🔷 Key of Breakout Trading🔷🔷

🎯1. Identify Consolidation or Range

Look for price moving sideways within a defined range (support & resistance).

Example: Triangle, Rectangle, Flag, or Wedge patterns.

🎯2. Set the Breakout Level

Resistance (for bullish breakouts).

Support (for bearish breakdowns).

🎯3. Confirm with Volume

Breakout should happen with above-average volume to be valid.

No volume = high risk of a false breakout.

🎯4. Enter the Trade

Long (buy) if price breaks resistance.

Short (sell) if price breaks support.

Entry either at breakout level or on retest.

🎯5. Set Stop Loss

Just below support (for bullish breakout).

Just above resistance (for bearish breakout).

🎯6. Set Profit Target

Use:

Measured move (height of pattern).

Trail stop to follow the trend

$BNB

$XRP

$SOL

#DayTradingStrategy