🚀 #BreakoutTradingStrategy ♥️
Catch the Momentum!
Breakout Trading is a strategy where traders enter the market when price breaks a key level – either a support or resistance zone. This breakout signals strong buying or selling pressure.
🔍 How it works:
Price moves in a range 📉📈
Suddenly, it breaks above resistance or below support 🔓
Trader enters in the direction of breakout 🔥
Target = next resistance/support
Stop loss = just inside the range (to reduce risk)
📊 Best for: Volatile markets like crypto, forex, and stocks.
⚠️ Tip: Always confirm breakout with volume spike for better results.