📈 #BreakoutTradingStrategy — Explosion Power
The explosion strategy involves capturing large movements when the price breaks through a key support or resistance level. This is often where strong momentum begins.
✅ How It Works:
• Identify key levels: horizontal lines, trend lines, or chart patterns (triangles, rectangles).
• Wait for an explosion with volume confirmation.
• Enter in the direction of the explosion (LONG when resistance is broken, SHORT when support is broken).
📌 Professional Tips:
• Place your stop-loss slightly below/above the explosion level.
• Beware of false explosions — confirm with volume or candle close beyond the level.
✅ Advantages:
• Huge potential for movements.
• Clear entry points.
⚠️ Risks:
• False explosions are common.
• Requires quick reaction.
💡 Professional Move:
Combine explosion setups with indicators (RSI, MACD) or Volume Profile for greater accuracy.
❓Do you use the Explosion Strategy in your trading? Share your experience!#Write2Earn