#BreakoutTradingStrategy
What is a Breakout?
A breakout occurs when the price moves beyond a defined level of support or resistance — usually signaling the start of a strong trend (up or down).
Bullish breakout = price breaks above resistance.
Bearish breakout = price breaks below support.
Breakout traders aim to enter early and ride the momentum.
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📐 Key Concepts
1. Identify Consolidation Zones
Look for:
Sideways movement (tight range).
Price bouncing between support and resistance.
Often forms chart patterns like:
Triangles (ascending, descending, symmetrical)
Rectangles
Flags/Pennants
2. Volume Confirmation
Volume should increase on a valid breakout.
Low volume = fakeout risk.