I love trading breakouts because they often come with explosive price action. My strategy starts with identifying consolidation zones on the 1H or 4H charts. Once price breaks above resistance with volume confirmation, I enter with a tight stop-loss. Risk-reward ratio is everything here. Not every breakout is real—there are many fakeouts—so I always wait for candle close confirmation. I recently caught a breakout on $XRP , and it ran +7% in hours. Patience is key—wait for the setup and strike when the momentum confirms.
