#BreakoutTradingStrategy

Best Breakout Trading Strategy

1. Identify a Clear Price Range: Look for a clear price range or a "V" shape swing high and mark that price level on the chart.

2. Wait for Breakout Confirmation:

Wait for a break and close above the resistance level, accompanied by increased volume.

3. Buy at Breakout Candle Close: Buy at the breakout candle closing price if the Volume-Weighted Moving Average (VWMA) is stretching up.

4. Set Stop-Loss and Take Profit: Place a stop-loss below the breakout candle and take profit when you see a break below the VWMA. 1