#BreakoutTradingStrategy
đ What is Breakout Trading?
It is a strategy that involves entering a position when the price breaks out of a consolidation zone or breaks a key level (resistance or support).
Why? Because a breakout can signal a strong movement in a new direction.
But be careful â ïž: not all breakouts are reliable. It is often necessary to wait for confirmation (volume, closing, etc.) to avoid false signals.
It is a simple method, but powerful when used correctly!