#BreakoutTradingStrategy

🚀 Breakout Trading Strategy – Catch the Big Moves! 🚀

✅ What is Breakout Trading?

👉 Entering a trade when price breaks above resistance or below support with strong volume, aiming to ride the momentum.

📌 How to Trade Breakouts

✅ 1. Identify Key Levels

    • Mark strong support & resistance zones on higher timeframes (1H / 4H / Daily).

✅ 2. Wait for Confirmation

    • Look for a candle close outside the level.

    • Check volume – breakout with high volume = stronger signal.

✅ 3. Enter With a Plan

    • Buy on breakout above resistance.

    • Short on breakdown below support.

✅ 4. Set Stop‑Loss

    • Just below resistance (for longs) or above support (for shorts).

✅ 5. Take Profits at Targets

    • Use previous swing highs/lows or Fibonacci extensions.$BNB