#BreakoutTradingStrategy
Breakout strategy is my favorite way to enter the market. 📈 It helps to catch strong impulses after breaking through support or resistance levels. The key is to correctly identify accumulation zones and wait for a confident breakout with volume. I tested the breakout on different timeframes on Binance and found that the results are more stable on the 1H timeframe. It's also important to set a stop-loss to avoid false breakouts. This approach is especially useful in trending markets. Do you use the breakout strategy in your trading? Share your experience!