#BreakoutTradingStrategy (Begginers guide):
A breakout happens when Price moves outside a key supports or resistance levels with momentum.
👉 Types of breakout-
1. Bullish break out- Price breaks above resistance
2.Bearish breakout- Price breaks below Supports.
👉 How to setup and trade it:
1. Identify Key Levels
Spot support/resistance zones, trend-lines, or chart patterns like triangles.
2. Confirm the Breakout
Look for a volume spike or a retest of the level after the breakout.
3. Enter the Trade
✅ Entry on candle close
✅ Buy/Sell stop order just outside the level
✅ Or enter on retest
4. Set a Stop-Loss
Place it just below (bullish) or above (bearish) the breakout level.
5. Take Profits
🎯 Fixed R:R (e.g., 1:2)
🎯 Measured move based on the range
🎯 Use a trailing stop to ride the trend
🧠 Pro Tips:
✔️ Watch for fakeouts — don’t skip confirmation
✔️ Volume matters — no volume = weak breakout
✔️ Stay patient — only trade clean setups
Hope this will help.