#BreakoutTradingStrategy Identify Key Levels

Look for strong:

🔲 Support / Resistance Zones

🔼 Trendlines

🔳 Chart Patterns (e.g. triangles, flags, ranges)

🔹 2. Wait for the Break

Don’t enter early. I wait for:

✅ A clean breakout candle

✅ Preferably above-average volume

🔹 3. Confirm the Breakout

⚠️ Many breakouts are fakeouts. I check:

Volume spike

Retest of the level

Momentum indicators (like RSI crossing 50 or MACD flip)