#BreakoutTradingStrategy
Price tight range
Break above resistance → Buy
Break below support → Sell
Confirm with volume
Stop-loss near breakout point
Target = next support/resistance
Avoid false breakout, wait close.
Price tight range
Break above resistance → Buy
Break below support → Sell
Confirm with volume
Stop-loss near breakout point
Target = next support/resistance
Avoid false breakout, wait close.