#BreakoutTradingStrategy
Breakout trading is one of my favorite strategies because it helps catch big moves early. I look for key levels of support and resistance on the 1-hour or 4-hour chart. When price consolidates in a tight range and volume begins to build, I prepare for a breakout. I only enter when there's a confirmed candle close above resistance or below support. I use stop-losses just below the breakout point and trail profits as the price moves in my favor. The best breakouts often happen during major news or high volatility sessions. Patience is key—wait for the breakout to confirm.