#BreakoutTradingStrategy
The (Price Breakout) strategy is considered one of the strongest tools for traders seeking entry opportunities based on a sudden price movement after a clear break of a support or resistance level.
The foundation of this strategy:
🌕Accurately identifying support and resistance zones.
🌕Monitoring the trading volume at the time of the breakout.
Not entering immediately after the breakout, but waiting for the confirmation of the candle and closing above the resistance or below the support.
Setting the stop loss at the nearest technical point to reduce risks.
Breakouts are more reliable:
When important news is released.
After periods of volatility during a narrow time frame.
When the breakout is accompanied by a noticeable increase in trading volume.
This strategy is profitable but requires strict discipline, as false breakouts are very common. The market does not forgive those who rush; it rewards those who wait for the right moment.