🚀 **#BreakoutTradingStrategy — When the market breaks free** 📈
Breakout strategy is one of my favorites in trading. Its essence is simple: wait for the price to 'break out' from an important support or resistance level and enter the market at the moment of momentum. It seems easy, but in reality, patience, volume confirmation, and avoiding fakeouts are crucial here.
I use this strategy on Binance futures — mainly with $BTC , $ETH , or $BNB . I always add confirmation from RSI or MACD, and I don't forget about stop-loss: a breakout without risk management is a path to losses. I also keep an eye on the news, as sometimes fundamentals strengthen the breakout.
Breakout is not about guessing; it's about reacting to the market. When the price 'breaks out', you need to be ready to act quickly but confidently.