#BreakoutTradingStrategy

Breakout trading involves entering positions when price moves beyond key resistance or support levels, often signaling strong momentum and potential for significant returns. However, false breakoutsโ€”known as fakeoutsโ€”can lead to losses if not carefully identified.

๐Ÿ’ฌ Whatโ€™s your strategy for spotting and confirming breakouts? How do you avoid false signals and manage trades around key levels?