#BreakoutTradingStrategy (Intraday)
🎯 Objective:
Capture explosive price moves when an asset breaks above resistance or below support, confirmed by volume and momentum.
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📈 Strategy Framework
✅ Ideal Market Conditions:
Consolidation or range-bound markets
News catalysts or high-volume sessions (e.g., pre-market, Asia open, U.S. open)
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🧩 Strategy Rules
1. Setup:
Identify tight range or bullish flag, triangle, or wedge pattern.
Define support and resistance zones using:
Recent highs/lows
VWAP bands
Pivot Points
2. Entry Conditions:
🔼 Long Entry:
Price breaks above resistance with volume spike.
RSI > 55 and rising.
Confirm with EMA crossover (e.g., EMA 9 > EMA 21).
🔽 Short Entry:
Price breaks below support with volume confirmation.
RSI < 45 and dropping