#BreakoutTradingStrategy

✅ What is it?

A strategy that relies on entering after the price breaks through a strong support or resistance level, indicating the beginning of a new trend (upward or downward).

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🔑 Key Conditions:

1. Clear breakout (above resistance or below support).

2. Confirmation with high trading volume.

3. Wait for the close outside the range (not just touching the level).

4. Determine a target (TP) and stop loss (SL) in advance.

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📈 Practical Example:

$BTC is moving between $100k – $110k.

Breaks to $112k + strong trading volume → Enter buy.

TP = $122k

SL = $108k

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❌ Avoid Mistakes:

Do not enter without confirmation.

Do not ignore trading volume.

Beware of "fakeouts".

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🧠 When to Use?

During long sideways movements or technical patterns (like triangles, channels).

Effective with strong currencies like $BTC and $BNB.