#BreakoutTradingStrategy

#BreakoutTradingStrategy Breakout trading is a wild ride, but well-managed – like a strong adrenaline rush for your portfolio. It involves entering a position when the price breaks out of a sideways channel or technical formation, often accompanied by increased volume, and you catch a trend that is just beginning. For example, BTC or ETH – if it breaks above the resistance from the previous 30 days on strong volume, you catch it and hold for a few days for the impulse. In the annotations of this type of strategy (e.g., on Robuxio or Altrady), it is evident that it has a high win rate, low drawdowns (~22%), and low time in the market – as long as you avoid false moves. But be careful: in a congested market, you can get caught in a false breakout and blow your stop loss. Use tight stops, targets dependent on the range of the breakout, and confirmation by volume. A breakout cannot be undermined – either you play, or you wait for it to gain momentum.....