#BreakoutTradingStrategy
#BreakoutTradingStrategy The breakout strategy is one of the strongest methods of intraday trading and relies on monitoring critical support and resistance levels. When resistance is broken, for example, liquidity begins to flow and upward momentum increases. Personally, I use this strategy with the $AVAX currency where I monitor the sideways price range and enter immediately after it breaks with technical confirmations such as increased volume. The success of this strategy requires strict stop-loss setting and risk management. Do not enter before confirming a real breakout and not a false one.