🟡 #BreakoutTradingStrategy – My Experience in Trading at Support or Resistance Breakouts
One of the strategies I rely on a lot is the breakout strategy, as it often reveals the beginning of a strong movement in the market. But the most important thing is to distinguish between a true breakout and a false breakout.
📈 My personal method for confirming the breakout includes:
✅ Waiting for the 1h or 4h candle to close above resistance or below support
✅ Ensuring there is high trading volume during the breakout
✅ Using indicators like RSI + MACD to confirm momentum
✅ Entering after a retest, not at the first break
🔒 Some mistakes I made in the past:
• Entering early without confirmation
• Ignoring volume
• Chasing the price instead of waiting for it
🎯 Now I have become more patient, and I achieve much better results while reducing losses.
💬 What is your method for confirming breakouts? Do you rely on the same indicators?
Share your experience using the hashtag:
#BreakoutTradingStrategy
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