#BreakoutTradingStrategy

🚀 Breakthrough or Trap? Learn about Breakout Trading Strategy!

> Many traders are waiting for the moment of breaking support or resistance to enter quick and profitable trades. But...

Is every breakthrough real? 🤔

🔍 The Breakout Trading strategy relies on entering after surpassing an important price level, which may indicate a strong upward or downward wave.

But there is something called false breakouts, which can lead to significant losses if not confirmed properly!

💡 How do I deal with breakouts?

I monitor trading volume 📈: A strong increase in volume supports the strength of the breakout.

I use confirmation candles ✅: Such as the candle closing clearly above resistance.

I integrate tools like RSI and MACD for more confidence 🔄

And I always set the stop loss just below/above the broken level to reduce risks.

💬 What is your approach to handling price breakouts? Do you have your own tools to avoid traps?

Share your opinion using: #BreakoutTradingStrategy