#BreakoutTradingStrategy
📈 Breakout Trading Strategy – Catch the Big Moves!
#BreakoutTradingStrategy
A breakout happens when the price breaks a strong support or resistance level with increased volume. This signals a potential big price movement.
🔹 Watch for consolidation before breakout
🔹 Confirm with volume spike
🔹 Enter after candle closes above resistance (or below support)
🔹 Set stop-loss just outside the zone
🔹 Target previous highs/lows or use risk-reward ratios
For example, $ETH /USDT breaking above $3,000 with volume may start a bullish run. Breakouts offer high reward, but be careful of fakeouts. Always plan your entry, stop-loss, and take-profit carefully to stay safe and profitable.