#BreakoutTradingStrategy Breakout trading is one of my favorite strategies because it focuses on momentum. I look for price levels where an asset has struggled to break above or below in the past.

When the price finally breaks out of this range with strong volume, I enter the trade. I set my stop-loss just below the breakout level and aim for a 2:1 reward-to-risk ratio. False breakouts can happen, so I confirm with indicators like RSI or MACD. Timing and patience are important in this strategy. Breakout trading allows me to catch big moves at the early stage.