#BreakoutTradingStrategy
The breakout trading strategy
used by traders to capitalize and strengthen their trading strategies.
This strategy focuses on identifying and trading price movements when an asset exits a consolidation range or breaks key support or resistance levels.
It is ideal for capturing the start of new trends.
The key is to patiently wait for the price to break one of those levels.
Points to keep in mind
Volume..significant increase in trading volume
Candle close...the candle that breaks must clearly exit the level.
Discipline and a good strategy are fundamental to achieving success.