📘 #Educational_Post | Have you heard of the term Breakout in trading?
Let me explain it to you simply👇
The Breakout is a crucial moment in market movement, when the price breaks a strong support or resistance level.
🔹 Resistance Breakout?
It means the price could explode upward!
🔸 Support Break?
Be careful, we might see a rapid and sudden drop!
🎯 The golden point? Watch the volume at the breakout, as it is the key to confirming the movement!
The higher the volume, the more credible the breakout.
📈 Learn to understand breakouts, and you’ll be one step ahead in your decisions!