#BreakoutTradingStrategy strategy where traders enter a position when the price breaks through a key level of support or resistance with strong volume.
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🔍 How It Works:
📊 Resistance Breakout (Bullish) → Price breaks above a ceiling → Trader buys.
📉 Support Breakout (Bearish) → Price breaks below a floor → Trader sells or shorts.
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📈 Key Tools:
Support & resistance zones
Volume spikes (to confirm breakout)
Candlestick patterns (flags, triangles, boxes)
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✅ Goal:
Catch the start of a new trend or momentum wave after a period of consolidation.
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⚠️ Caution:
Watch out for fakeouts — always confirm with volume or retest before full entry.
