Trading Tip of the Day – Breakout Strategy

Watching for breakouts can be a game-changer. When price breaks above resistance or below support with strong volume, it often signals a strong move.

How to use it:

Identify key support/resistance zones

Wait for a clear breakout with volume

Confirm with indicators like RSI or MACD

Set stop-loss just outside the breakout zone

Bonus Tip: Always manage your risk – never trade without a stop-loss!

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