#TradingStrategyMistakes

Refers to a trading technique where traders enter a position when the price breaks out of a defined level of support or resistance with increased volume. This breakout can signal the start of a new trend.

Key Points:

✅ Breakout = Price moves above resistance or below support.

📈 Used in both bullish and bearish markets.

🔍 Traders often use chart patterns like triangles, flags, or rectangles.

📊 Volume confirmation is crucial to validate a breakout.

⏰ Timing is important—enter quickly but avoid false breakouts.