#BreakoutTradingStrategy Awesome! The Breakout Trading strategy is considered one of the most powerful and simplest trading strategies, especially for day traders and scalpers. Let me explain it to you in a practical and realistic way:

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🚀 What is the Breakout Trading strategy?

Breakout Trading means that you enter the market when the price breaks through a strong resistance or support level, because this breakout is often followed by a strong movement in the same direction (upward or downward).

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🎯 Objective:

Ride the wave after the market moves out of the range.

Enter at the beginning of the new trend, not late.

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📊 Required tools:

1. Support and Resistance levels

2. Confirmation indicators such as:

Trading volume

RSI (to confirm momentum)

Confirmation candles (such as Marubozu or Engulfing)

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✅ Steps to apply the Breakout strategy:

👇 Practical example: Bullish Breakout

1. Monitor a coin like ETH trading in a range between $3400–$3500

2. Identify a strong resistance level = $3500

3. Wait for the price to break this resistance (for example, reaching $3520)

4. Ensure that:

Trading volume is high

There is no direct rejection (Fakeout)

5. Enter a long position