I was reading about the #BreakoutTradingStrategy and I found it quite interesting. From what I understood, it is about entering the market when the price breaks an important level, such as resistance or support. It is a way to take advantage of strong movements that may start after a period of consolidation. I haven't tried it on my account yet, but I would like to understand better how to identify those key points. I am watching some tutorials and analyzing charts to see if I can apply it later. It seems like a useful strategy if combined with good risk management and clear confirmations.
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