#BreakoutTradingStrategy #BreakoutTradingStrategy 🚀 Breakout Trading Strategy: Mastering Market Momentum
📈 What Is a Breakout Trading Strategy?
The Breakout Trading Strategy is a popular and powerful technique used by traders to enter the market when the price breaks beyond a well-defined support or resistance level. The goal is to ride the wave of increased momentum that often follows such breakouts.
🧠 Key Concepts
Resistance 🟥: A price level where the asset struggles to rise above.
Support 🟩: A level where the price tends to bounce back up.