#BreakoutTradingStrategy – how to effectively tackle it?
Breakout is not just breaking a level – it's a test of your patience and discipline.
🔍 What do I observe before entering?
Clear consolidation or formation (e.g., triangle, sideways channel)
Increasing volume on the breakout
Confirmation with a candle closing outside the zone
Additionally: Bollinger Bands squeezed + RSI shows momentum
✅ I only enter after:
Closing of a candle outside the zone
Retest of the level as support/resistance
Clear SL below the breakout (or above – for shorts)
🎯 I set TP according to previous swings or the range of the formation.
📉 Not every breakout is a breakout – sometimes it's just a trap. Without patience and the conditions from the checklist – I do not enter. Because overtrading = capital will diminish faster than resistance on a false breakout.
---
📊 Do you use a breakout strategy? Or do you only wait for false breakouts to catch the movement in the opposite direction? Let me know 👇
💡 Click on $WIF or $BTC , check the chart and see if something is breaking out today – maybe an opportunity is coming.