#BreakoutTradingStrategy 🚀 Breakout Trading Strategy — catching big moves!
What is a Breakout?
It is the moment when the price breaks beyond a significant support or resistance level — a signal for a strong trend.
🔑 Key rules:
1️⃣ Identify support and resistance levels
2️⃣ Wait for a breakout with high volume
3️⃣ Enter the position after confirming the breakout
4️⃣ Set a stop-loss slightly below (for long) or above (for short) the breakout level
5️⃣ Take profit as the trend moves
💡 Advantages:
— Opportunity to enter the trend in time
— Clear entry/exit signals
— Applicable in both spot and futures