#BreakoutTradingStrategy
🚀 #BreakoutTradingStrategy | Breakout Trading Strategy
Did you know that the biggest opportunities in the market occur at the moment of "breakout"?
Here’s how to master one of the most powerful trading strategies:
📈 What is the breakout strategy?
It is entering a trade when the price breaks a strong support or resistance level, with clear confirmations.
🎯 Steps to success in breakout trading:
1️⃣ Accurately identify support and resistance areas on the chart.
2️⃣ Wait for breakout confirmation – do not enter immediately, but watch for trading volume or a retest.
3️⃣ Smartly place a stop-loss order below or above the level.