#BreakoutTradingStrategy It is a strategy that takes advantage of price breakouts outside of ranges or consolidated structures, expecting that after this "breakout" a strong movement occurs in that direction.
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📊 How it works step by step:
1. Identify a key area:
Resistance (ceiling): the price has been unable to surpass it several times.
Support (floor): the price has bounced several times without breaking it.
2. Detect consolidations:
Lateral range, triangle, channel, or flag.
Volume tends to decrease during this phase.
3. Wait for the breakout:
Price forcefully crosses resistance or support.
Ideal if there is high volume accompanying the movement.
4. Confirm the breakout: